Philosophy and History of Trading at Petrolin

Since 1992, Petrolin Group has been active in the Trading of crude oil and refined products from Africa, 

Some producers have granted to Petrolin Group the right to market their production share as well as their partners’ share under production-sharing agreements where the operator is contractually responsible for marketing the entire production.

In full transparency, and in accordance with governance principles, Petrolin reported to the Independent Director of the Extractive Industries Transparency Initiative (EITI) all the details regarding the liftings made on behalf of the State (quantity, price, date of loading, amount paid, and date of payment in compliance with the program. Our principal suppliers have been Hess, Perenco, Total and Tullow.