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Trading

Trading Overview

Our highly experienced teams trade a comprehensive range of energy products, supported by our shareholders’ network of industry experts across the globe. Trading is carried out by three divisions – crude, refined products and power & emissions. Our annual trading volume reached 70 million tonnes with trading revenue in excess of $30 billion.

Our trading team is uniquely positioned to maximise synergies between our trading and refining business, which has the exclusive procurement mandate for our refineries in Scotland and France, and also functions as an important procurement force for PetroChina in European and African markets to meet domestic demand in China, as well as overseas.

Our strong trading presence is bolstered by our shareholders and their corresponding global network of peer companies in the rest of the world. With credit support from PetroChina, and good relationship with leading financial institutions, we can offer flexible financing structure and payment terms to our clients.