We source for oil where there is abundancy, transport, or swap, and deliver physical oil to where there is need in an efficient, safe, and competitive price around the world. We provide financial support to our emerging customers in order to make them market leaders wherever they operate.We source for oil where there is abundancy, transport, or swap, and deliver physical oil to where there is need in an efficient, safe, and competitive price around the world. We provide financial support our emerging customers in order to make them market leaders wherever they operate.We strengthen market links between producers and end-users and supply our customers with the commodities they require when and where they need them.
Over the years, we have built trust with major oil producers, refiners, blenders, ship owners and financial institution, which enabled us to negotiate deals on long term basis despite the high volatility in the market.
Working closely with our customers to identify and develop solutions which work best for them, helping them manage physical risk and optimise opportunities.
Trafigura standard terms and conditions for sales and purchases of crude oil and petroleum products for all oil products
The Trafigura standard terms and conditions for sales and purchases of crude oil and petroleum products are neutral terms on which Trafigura buys and sells. The standard terms consist of (i) the BP Oil International Limited General Terms & Conditions for Sales and Purchases of Crude Oil and Petroleum Products 2015 and (ii) accompanying Trafigura Amendments, and are incorporated into all contracts for the sale and purchase of crude oil and petroleum products entered into by Trafigura Pte. Ltd.
Liquefied petroleum gas LPG is a mixture of hydrocarbon gases predominantly propane and butanes, either segregated or in various ratios and mixtures of each product.. It is commonly used in the household, for cooking, or as fuel for heating. LPG is replacing Chlorofluorocarbons more and more, also because it is less harmful to the ozone layer. LPG is a by-product of crude oil production (Associated Gas) and a by-product of natural gas production (Non Associated Gas). It is also a by-product of the refinery process, transported mainly in pressurised vessels.
Gasoline, or petrol, is a colorless petroleum-derived flammable liquid that is used primarily as a fuel in most spark-ignited internal combustion engines. It consists mostly of organic compounds obtained by the fractional distillation of petroleum, enhanced with a variety of additives
Crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. A type of fossil fuel, crude oil can be refined to produce usable products such as gasoline, diesel, and various other forms of petrochemicals.
Bitumen penetration grade 60/70 means the penetration value is in the range 60 to 70 at standard test conditions which commonly used as a Paving Grade. Bitumen is applicable for the production of hot mix asphalt for bases and pavements and for road construction. This bitumen is produced through aeration on vacuum bottom (the raw material used for making bitumen left in vacuum distillation column in oil refineries) in bitumen production units. Its penetration grade ( the measure of bitumen hardness) is between 60 to 70
Middle distillates are hydrocarbure that includes few carbon atoms in their molecules (approximately 11 to 18). They are in a liquid state, typically they include jet fuel, heating kerosene, and gas and diesel oils, such as marine bunker fuels. Diesel is mainly used for transportation. Heating kerosene is processed for commercial and domestic heating, whereas jet fuel is used to power the engines of commercial and military aircraft.
Naphtha is a flammable liquid hydrocarbon mixture. Mixtures labelled naphtha have been produced by the distillation of petroleum. In different industries and regions naphtha may be used as a feedstock for gasoline and the manufacture of olefins by the petrochemical industry.
Fuel oil (also known as heavy oil, marine fuel or furnace oil) is a fraction obtained from petroleum distillation, either as a distillate or a residue. Fuel oil is made of long hydrocarbon chains, particularly alkanes, cycloalkanes, and aromatics. Fuel oil, which is the residue from distilling crude oil during the refining process, refers to a range of the least volatile and heaviest of the commercially used fuels.