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We are physical traders; we buy, transport, store, blend and deliver oil internationally. Grand Petroleum primarily trades crude oil and its full array of related products. However, we are also flexible enough to deal in more specialized offerings - such as petrochemical - when the opportunity arises.
Bitumen
Grand Petroleum is rapidly becoming a key player in the trading, transportation and production of bitumen in the Mediterranean, Africa and the Arab Gulf. Bridging the gap between the demand markets and suppliers, Grand Petroleum has formed strong partnerships with both and continues to expand our activity in this area.
Crude oil
The Group entered the oil trading market in the Mediterranean in 2012 and has since expanded its reach, trading in Libyan, Iraqi, Egyptian and Saudi crude. Our team trades crude on term and spot contracts with a focus on established markets in regions including the Arabian Gulf, the Red Sea and the Far East.
We trade in both sour and sweet grades. They are sourced against term supply contracts or on spot basis, and offered to refineries against tenders or on direct sales, processing or product buyback arrangements.
Fuel Oil
Grand Petroleum has been a key player in fuel oil since 2012. Our trading activities have increased in the Eastern Mediterranean and trading opportunities have further expanded through term supplies in various geographical regions.Grand Petroleum has mainly sourced from the Americas, Red Sea, the Arab Gulf and the Indian sub-continent regions, depending on arbitrage opportunities.
Gasoil and Jet
BB Energy's global network of middle distillates comprises of a wide range of products, most prominently jet, kerosene, diesel and heating oil. Our operations in these products are global and we use our storage and logistics for blending and optimising timely deliveries to fulfil customer requirements.
Gasoline and Naphtha
Grand Petroleum is the largest trader of gasoline in the Mediterranean with a large downstream system capacity in the Eastern Mediterranean. In addition, we act as a swing supplier for the African, Arabian Gulf and Mediterranean markets. We trade more than two million tonnes of gasoline and naptha each year in addition to gasoline components and other specialized products.
LNG
Grand Petroleum has developed a LNG trading desk with a dedicated team of experienced professionals and entered into a number of MSA's with leading international and national LNG producers and suppliers.
LPG
Grand Petroleum started trading LPG in April 2012, supplying the newly constructed LPG terminal and bottling plant.
Additional Products
We trade all the components of the barrel, as well as specialized oil products and gas, to meet our clients' needs.