With a large refining system relative to domestic demand, Finland retains surplus in oil products and relies on the export market to clear this imbalance. The two domestic oil refineries - Porvoo and Naantali – are both owned by national oil company Neste. Also the market leader in fuel distribution and retail, Neste dominates the inland wholesale market as it effectively sets the ex-refinery product prices for third party fuels marketers. Finland's retail network has been consolidating following the exit of the oil majors from the retail sector. Currently, the top four players supply over 95% of retail fuel demand. The national retail network is characterised by a high proportion of automated sites, at over 60%. However, we don't see this growing much further and expect it to stabilise going forward. As demand oil product demand peaks, we expect to see an increased drive to diversify at the forecourt.