Preem AB selects Allegro solution
Allegro Development Corp., a provider of energy trading and risk management (ETRM) systems, announced that Preem AB will implement the Allegro 8 platform to manage its oil supply, trading, refining, logistics, sales and marketing operations. Allegro’s single, integrated solution will give Preem visibility and control around their extensive crude oil refining and trading business.
As Sweden’s largest oil company and one of the country’s biggest exporters, Preem has a refining capacity of more than 18 million tpy of crude and supplies gasoline, diesel and fuel oils to companies in Sweden and internationally. Preem currently operates two refineries, six operations depots, 470 gas stations for private individuals and 215 gas stations for heavy goods vehicles. Preem required a single, flexible platform that could easily integrate external and internal data sources as well as replace their existing disparate applications.
“The Allegro 8 architecture was a key factor in our selection of Allegro,” said Catarina Lotse, senior advisor, Preem Supply & Trading. “We required a fully integrated front-to-back office solution that would ensure business efficiency and enable the flow of accurate information across our enterprise.”
Comments