The core business of RAG Exploration & Production GmbH is oil exploration and production. The geographical focus of its activities is Austria. Our crude oil is processed at nearby refineries. This permits flexible deliveries of secure supplies of oil sourced from domestic reserves.
As a certified storage provider pursuant to Sect 5 of the Austrian Crude Oil Emergency Stockpiling and Reporting Act (EBMG), RAG operates tank farms in Upper and Lower Austria holding a storage capacity of around 260,000 tons of crude oil for emergency crude oil stockpiling purposes.
RAG offers customers its services to keep the legally required minimum stocks. Short- or long-term contracts can be concluded depending on the customer’s requirement.