Alexela Group is an Estonianholding company. Its three areas of activity are energy, the metal industry, and property development. The majority of the group’s shares are owned by Estonian businessman Heiti Hääl.

Operations

Energy

Alexela Group’s energy-companies are Alexela Oil, Alexela Energia, Kiviõli Keemiatööstus, Alexela Logistics, and Balti Gaas. Alexela Oil is an operator of service stations chain in Estonia. Alexela Energia is a seller of electricity and gas.  Kiviõli Keemiatööstus is a producer of shale oil. Balti Gaas is planning an LNG terminal in Paldiski. Together with Haminan Energia and Wärtsilä Alexela develops a LNG terminal in Hamina, Finland.

Alexela Logistics is an oil transportation and logistics company, which through its daughter companies owns and operates oil terminals in Paldiski, Sillamäe (both in Estonia) and Sløvåg (Norway). The company had a stake also in the terminal in Murmansk (Russia); however, this stake was sold in October 2007. In addition to Heiti Hääl and management of the company, the major shareholder is Puma Energy, a subsidiary of Trafigura.