Trafigura Sector

In 2018, Trafigura signed a deal with U. Privately owned traders Vitol and Gunvor and listed Glencore are also expanding in LNG and said they were using hedges to protect their exposure in that sector. Puma and Trafigura declined to comment. Among the more notable risks to the deal, according to the rating agency, is a relatively high debtor concentration with top 20 final debtors accounting for 58% of the receivables balance. It glorified trading in such a way that everyone sees the role of other functions (Deal Deak, Operation, Trade Finance) as a stepping stone into a trading/commercial. We bridge the gap between commodity producers and end-users with a range of services. The Company offers crude, gasoline, fuel oil, coal, petroleum products, wet and gas freight, iron ore, and refined. The sale by Singapore-based Puma Energy, 49%-owned by commodities trading giant Trafigura [TRAFGF. The company found itself at the centre of an unfolding scandal in August 2006 when thousands of people fell ill and at least 10 died - with some reports saying 15 - over a period of weeks in Abidjan, the capital of Ivory Coast in west Africa,. None are in the UK. 4m rescue deal with Mawson West Trafigura has extended its rights for the offtake of 100% of the copper concentrates produced at the Dikulushi and Kapulo mines in the Democratic Republic of Congo as part of a $33. Founded in 1993, Trafigura is owned by its management and employees. Trafigura AG, in Luzern, CHE-103. LONDON (Reuters) - Trafigura has lost its last big contract in Angola, once a core. Trafigura Group Ltd. The tender result marks a return to Angola for Trafigura which for many years enjoyed an effective monopoly on lucrative fuel supply deals with OPEC member Angola. That never used to be the case," the trader said. Jeremy Weir, and the CEO of the Modern Mining Company, Mr. Dutch commodities trader Trafigura is investing $130 million (Rs 650 crore) to acquire 24 per cent stake in Hyderabad-based Nagarjuna Oil Corporation Ltd, valuing the company at $542 million. Trafigura draws new banks into borrowing base amid metals push Commodity trader Trafigura has sealed a renewal of its metals borrowing base with an facility. That would make it a top-five player behind leaders Vitol and Glencore. Global trader Trafigura has applied for a license for its downstream arm Puma Energy to start retail sales of gasoline and gasoil in India, an oil ministry spokesman and Trafigura said on Tuesday. The Company focuses on trading oil and petroleum products such as crude, gasoline, fuel oil, natural gas, and biodiesel. It is the world's second largest independent non-ferrous trading company and the third largest independent oil trader. 1bn, about US$1bn dollar above the launching amount of US$4. Trafigura expects to benefit from lower development costs by taking advantage of existing infrastructure at the site. The joint venture with PGPL will sell gas to private sector customers. ("Buckeye") (NYSE: BPL) announced today that Trafigura has received its first delivery of Permian crude oil from Plains All American's Cactus II pipeline at the Buckeye Texas Partners terminal in Corpus. This sector produces lots of work opportunities in the United Kingdom, Switzerland, Hong Kong, Singapore, and Germany. Tian Meng, 39, who works at Trafigura's oil marketing team in Beijing, has. One of the stakeholders in the Essar Oil deal - Trafigura, says it has unlocked a significant value with this deal. The International Energy Agency expects the South Asian nation to account for a quarter of global energy use by 2040. The move comes at a time when Angola itself is reviewing its assets. January 21, 2013 by Bloomberg. We’re at the heart of the global economy. Trafigura is the latest in a series of global players expressing interest in entering the rapidly expanding Indian fuel retail market. Puma and Trafigura declined to comment. That company was Trafigura. Exxon, Trafigura Tap Lower Freight Rates. Trafigura Trading is located in Houston, Texas. Trading roles involve tracking the markets and buying and selling the products at the touch of a button. Trafigura founder, commodity trade giant Claude Dauphin dies. Foreign giants take over fuel sector Posted on January 23, 2015 by The Independent in Business Foreign petroleum giants have taken over Zimbabwe’s fuel sector after Dutch commodities giant Trafigura recently completed the acquisition of controlling equity stakes in Redan and Sakunda, key players in the fuel retail sector, businessdigest has. Total is a key player in Angola's upstream sector, operating some of its pivotal deepwater oil fields, while Trafigura is an active trader of crude and refined oil products in southern and. The move comes as Angola itself is reviewing its assets. Trafigura’s business in Angola. LONDON, April 17 (Reuters) - Global commodities house Trafigura Group said on Wednesday it is entering petrochemicals trading by teaming up with Houston-based Altis Group International to take advantage of an expanding sector. Trafigura Ayacucho, PE Hace 4 semanas Sé de los primeros 25 solicitantes. Trafigura is one of the world’s leading independent commodity trading and logistics houses. · The international commodity trader Trafigura has agreed to take a significant stake in President pursuant to a subscription to raise up to US$10 million, comprising an initial subscription of US$4 million for 75,997,775 new ordinary shares in President ("Ordinary Shares") at a price of 4. Trafigura Group Pte Ltd (), one of the world's leading independent commodity trading companies has entered into an agreement for IFM Global Infrastructure Fund to invest in certain of Trafigura's wholly-owned assets operating as Impala Terminals for an undisclosed sum and for a long-term partnership with global fund manager IFM Investors. OPEC’s supply cuts and US sanctions on Venezuela this year will be the key factors for oil’s. Brazilian federal prosecutors on Friday demanded. is a holding company, which through its subsidiaries, distributes oil, metals, and minerals. Trafigura is the latest in a series of global players expressing interest in entering the rapidly expanding Indian fuel retail market. Myanmar’s oil sector attracts investment May 29, 2014 by thiha The opening up of Myanmar’s economy after decades of isolation has led to a jump in oil demand, attracting local and foreign investors to build oil storage tanks and a terminal to meet rising consumption. Under the terms of the deal, the trader will secure the stake via an initial subscription to raise $4mn in new President Energy shares, at a price of 4. 04p/share, with the option to exercise a further $6mn in new shares at 4. Trafigura to purchase the downstream assets of Pampa Energia in Argentina édité le 08/12/2017 - Plus de news de " Trafigura " - Voir la fiche entreprise de " Trafigura " Trafigura Group Pte Ltd, ("Trafigura"), a market leader in the global commodities industry, has announced the signing of a Sale and Purchase agreement for the majority of the. The expansions of the shipping business line lead to the need of positioning a Financial Controller in the Athens office focusing primarily on the Shipping business. David Mooney has left Bank of America in New York and joined Trafigura, a privately owned Swiss-based commodity trading company with offices in 30 countries. Commodity firm Trafigura jumps into chemical trading with new JV. has acquired in 1 US state, and 2 countries. ” The firm did not make Wainwright and Larocca available for comment and the two men did not respond emails from Reuters. The Company offers crude, gasoline, fuel oil, coal, petroleum products, wet and gas freight, iron ore, and refined. Trafigura to disclose oil payments to governments under new transparency policy. So when you get TRAFIGURA SERVICES SOUTH AFRICA (PTY) LTD insights, financials and competitors from D&B Hoovers, you can trust in their accuracy. 2015 hat die Gesellschaft ihren Sitz gemäss den Vorschriften des IPRG nach Wilmington, New Castle County, Delaware (US), verlegt. The first LNG shipment of the private sector company is expected by October, however, it is not known whether the company is purchasing LNG at spot rate or the price has been linked to Brent Oil, sources said. First, the planned Trafigura disclosures will shed light on commodity trading and the sale of crude by national oil companies (NOCs), which occupy a remarkably opaque corner of the petroleum sector. 5 million, or $8 to $8. He is also an active investor in a number of business ventures across Asia and Europe. The government announced a cross-sector privatization drive last year, including its aim to list state oil firm Sonangol by 2022 and divest its stake in Puma. Privately owned traders Vitol and Gunvor and listed Glencore are also expanding in LNG and said they were using hedges to protect their exposure in that sector. He was the architect of several crude and product tanker deals involving leading shipowners, overseeing more than $3bn worth of transactions during 2017-2019, while managing a newbuilding programme also for very large gas carriers. The first LNG shipment of the private sector company is expected by October, however, it is not known whether the company is purchasing LNG at spot rate or the price has been linked to Brent Oil, sources said. 4 million refinancing deal with Mawson West. 04p/share, with the option to exercise a further $6mn in new shares at 4. Trafigura is one of the world's leading independent LNG traders with its 2018 delivered volumes rising 22% year on year to 9. crude oil exporting powerhouse are pitting the Swiss commodities trader against the Port of Corpus Christi on the Texas Gulf Coast as the race to accommodate the biggest tankers most commonly used in the oil trade intensifies. The joint venture with PGPL will sell gas to private sector customers. Angola awards fuel tender to Total, Trafigura. Trafigura ha logrado un crecimiento sustancial en los últimos años, aumentando los ingresos de USD12 mil millones en 2003 a USD 171. A recent rally in the price of base metals and the streamlining of its business model in the sector has helped the commodity house secure its latest financing. When Eliza Girty says Trafigura's commodity trading graduate programme changed her life, she is not exaggerating. Trafigura also said it would keep searching for assets that will help its trading business. In November, one of the world's largest commodity traders Trafigura issued $470 million of bonds, through a newly incorporated Singapore subsidiary Trafigura Commodities Funding Pte Ltd, to six banks—DBS Bank, Mizuho Bank, Natixis, Oversea-Chinese Banking Corp, The Bank of Tokyo-Mitsubishi UFJ and Westpac Banking Corp. This organization primarily operates in the Commodity Traders, Contracts business / industry within the Security & Commodity Brokers, Dealers, Exchanges & Services sector. In 2018, Trafigura signed a deal. Trafigura to acquire 51pc stake in Pakistani oil. View details and apply for this Graduate job in UK with Trafigura Pte Ltd on Milkround. Trafigura also has the flexibility for early repurchase of the commodities owned by the Issuer. The move comes at a time when Angola itself is reviewing its assets. By Dmitry Zhdannikov. GENEVA (Reuters) - Global commodities firm Trafigura has decided to stop trading oil with Venezuela due to U. and Trafigura will also make. In 2018, Trafigura signed a deal with U. It did not given any other details. to Asia routes, shipbrokers said. In the metals and minerals sector, Trafigura currently owns and operates concentrate storage facilities in South America, Africa and China and one mine in Peru. Trafigura, one of the world's biggest commodity traders, is to stop using intermediaries - the well-connected individuals who help set up contracts in resource-rich countries. Baghdad’s State Oil Marketing Organization (SOMO). One bunker trader with a medium-sized firm said the announcement is indicative of the industry's direction of travel. Puma and Trafigura declined to comment. Trafigura’s head of oil trading, Jose Larocca, was sent an invitation letter in 2017, from the office of the President of the Republic of South Sudan, which referenced discussions between the trading house and the alleged arms dealer Israel Ziv, Public Eye said in a report on Monday. PRODUCTION of cobalt by artisanal miners cannot be “wished away”, reported the Financial Times citing the comments of Jeremy Weir, the head of commodity trading company, Trafigura. Commodity trading Oil slide bolsters Trafigura’s profit and margins But sector observers are starting to ask if Trafigura and peers can maintain their strong performance. We store, blend, transport, risk manage and finance commodity holdings. Locate your contact Trafigura Funding SA on a map in Bertrange. , Oil & Gas Deals By Type, 2010 to YTD 2016 7 Trafigura Group Pte. The choice to drop Trafigura last year was seen as a major statement at the time, as President João Lourenço vowed to reform Angola’s oil sector. By 2014, it was present in 45 countries and posted revenues in excess of USD 13 billion. " The firm did not make Wainwright and Larocca available for comment and the two executives did not respond to Reuters emails. Trafigura is one of the world's leading independent LNG traders with its 2018 delivered volumes rising 22% year on year to 9. 4% After Q3 Results. Trafigura AG, in Luzern, CHE-103. The refinery is being constructed at Cuddalore in Tamil Nadu. Baghdad’s State Oil Marketing Organization (SOMO). 's M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the metals/mining sector. 96 relations. With 61 offices in 36 countries, Trafigura’s network extends to every corner of the globe. You get a lot of quick growth Trafigura. Your trading career will be defined by both what products you trade (eg, equities, foreign exchange, or commodities) and by the kind of trader you are. Trafigura: A commodity trading organisation who offer a 2-year graduate programme which provides three 8-month rotations across business areas such as Credit, Corporate Affairs, Corporate Finance, Deals Desk, Operations and Trade Finance. 04p/share, with the option to exercise a further $6mn in new shares at 4. Commodities trader Trafigura Group Pte is in talks to buy a minority stake in Essar Oil Ltd , which runs India's second biggest private sector refinery, in a deal that could be valued at around $6. Among the more notable risks to the deal, according to the rating agency, is a relatively high debtor concentration with top 20 final debtors accounting for 58% of the receivables balance. Trafigura Group Pte. On Wednesday eight shipping associations unveiled their proposal for a mandatory $2 payment from shipping companies for each tonne of fuel oil their ships. Puma has hired consulting firm McKinsey under new chief executive Emma Fitzgerald who took over last month from Pierre Eladari, who had overseen rapid expansion, the source said. Global commodities house Trafigura Group said on Wednesday it is entering petrochemicals trading by teaming up with Houston-based Altis Group International to take advantage of an expanding sector. 6 billion at the end of March, from US$6 billion six months earlier. Global trading business Trafigura's settlement over allegations of toxic waste dumping is a major blow to the company's reputation. 5 billion loan to be repaid with future gasoline and gasoil cargoes from the refinery over four years, the sources said. Trafigura sees inefficiencies in bunker delivery supporting freight In an interview with Lloyd's List, the head of wet freight at global commodities trader Trafigura says inefficiencies in the bunker delivery market will support freight well into 2020. Exxon, Trafigura Tap Lower Freight Rates. Trafigura is a great start for anyone who wanted to work in commodity sector as it basically teaches you everything that you need to know about the trade Cons You get a lot of quick growth Trafigura. Puma has more than 270 retail sites, 20 depots and 3 bulk seaboard terminals across Australia and delivers more than 1 billion litres of fuel a year. Trafigura engages with the EITI at the international level in pursuit of the above mentioned objective, including participation in all commodities trading working group meetings and potential pilots in future. In 2018, Trafigura signed a deal. On the lookout, Trafigura would seek to invest in the Congolese cobalt sector par Jacques Leroueil Unlike many other operators, who have been hit hard by low cobalt prices, raw material specialist Trafigura may soon strengthen its commitments in the Congolese sector. Main Purpose:Responsible to optimize the operation through management operating systems such as policies, control tools, indicators, and critical routes, sequence of operations, standards and work procedures. One bunker trader with a medium-sized firm said the announcement is indicative of the industry's direction of travel. Trafigura is a leading international condensates trader, bringing a wide variety of grades to market in all parts of the world. This sector includes all our trading jobs. Gross profit from oil trading surged to a record $1. View Petros Papaioannou’s profile on LinkedIn, the world's largest professional community. The period of internship gave me a deep insight of co-relation between theoretical knowledge and its application in large scale industry. Table of Contents Table of Contents 2 List of Tables 4 List of Figures 5 Trafigura Group Pte. He began his career at Euromin SA / Vitol and held similar positions at Rudolf Wolff / Noranda and C. TRAFIGURA AND BUCKEYE RECEIVE FIRST DELIVERIES OF CRUDE OIL FROM NEW PERMIAN PIPELINE CONSTRUCTION HOUSTON, August 12, 2019 - Trafigura Trading LLC, ("Trafigura") and Buckeye Partners, L. Trafigura orders four gas carriers Global commodities trader Trafigura confirms an order for four very large gas carriers as it remains bullish on the sector. I could study several components and factors that has to be taken in consideration during whole process; right from crude procurement , refining and to sale of final products. Privately owned traders Vitol and Gunvor and listed Glencore are also expanding in LNG and said they were using hedges to protect their exposure in that sector. First, the planned Trafigura disclosures will shed light on commodity trading and the sale of crude by national oil companies (NOCs), which occupy a remarkably opaque corner of the petroleum sector. By clicking “agree”, closing this message or continuing to use this site, we consider that you agree to our use of cookies in accordance with our Cookie Notice. Trafigura loses last big Angolan oil deal as new president shakes up sector. (Trafigura) is in talks to buy a minority stake in Essar Oil Ltd. The tender result marks a return to Angola for Trafigura which for many years enjoyed an effective monopoly on lucrative fuel supply deals with OPEC member Angola. "A licence has been applied for on behalf of Puma Energy. For credit ratings that are derived exclusively from an existing credit rating of a program, series, category/class of debt, support provider or primary rated entity, or that replace a previously assigned provisional rating at the same rating level, Moody's publishes a rating announcement on that series, category/class of debt or program as a whole, on the support provider or primary rated. Trafigura has made its first investment in solar power in Africa, via PASH Global, buying a stake in a Malian project. The expansions of the shipping business line lead to the need of positioning a Financial Controller in the Athens office focusing primarily on the Shipping business. Trafigura: A commodity trading organisation who offer a 2-year graduate programme which provides three 8-month rotations across business areas such as Credit, Corporate Affairs, Corporate Finance, Deals Desk, Operations and Trade Finance. After being accused of being a cartel, they stepped in to rescue the country from a fuel crisis. Trafigura Reviews in Switzerland | Glassdoor. Trafigura Group Pte Ltd. ” The firm did not make Wainwright and Larocca available for comment and the two men did not respond emails from Reuters. 'The launch of Trafigura Commodities Funding Pte Ltd is a milestone for the financing of commodity inventories on a non-recourse basis and for our industry,' said Laurent Christophe, Trafigura's Head of Corporate Finance. The joint venture with PGPL will sell gas to private sector customers. Trafigura serves customers worldwide. The mega project, SmeltCo, which will come up in Ras Al Khair Mineral City in Saudi Arabia, is equally owned by Trafigura and. Main Purpose:Responsible to optimize the operation through management operating systems such as policies, control tools, indicators, and critical routes, sequence of operations, standards and work procedures. 14 Trafigura reviews in Swiss Confederation. Rare public speech by chief of giant commodity trader signals a move to greater transparency in an industry known for its lack of disclosure. are common practice in the commodities trading sector. In 2018, Trafigura signed a deal with U. The company was founded in 1933 and deals primarily in basic metals, energy and oil. In November, one of the world’s largest commodity traders Trafigura issued $470 million of bonds, through a newly incorporated Singapore subsidiary Trafigura Commodities Funding Pte Ltd, to six banks—DBS Bank, Mizuho Bank, Natixis, Oversea-Chinese Banking Corp, The Bank of Tokyo-Mitsubishi UFJ and Westpac Banking Corp. Trafigura reaffirms its strong belief in the growth potential of Pakistan's energy sector, and it very much looks forward to deepening its involvement in the development of this critical sector in the immediate future. (Essar), which runs India's second biggest private sector refinery, in a deal that could be valued at around $6. even if it holds back an entire industrial sector and spoils the. 5 mil millones en 2019. GENEVA: Global commodities firm Trafigura has decided to stop trading oil with Venezuela due to U. Trafigura is providing ongoing support in relation to the promotion and coverage of the EITI Standard for the commodities trading sector. BoA’s Mooney joins Trafigura. galena-invest. Trafigura expects to benefit from lower development costs by taking advantage of existing infrastructure at the site. Trafigura officially denies any tax obligations in Nigeria Mar 7, 2016 Trafigura Beheer BV (TBBV), a company legally incorporated and resident in the Netherlands, has refuted the claim by the Federal Inland Revenue Service (FIRS) that the Amsterdam-based company owes the federal government $642. In the past, Trafigura has used its commodity-sector knowledge and access to relatively cheap capital to invest in the construction of pipelines and ports, eventually selling stakes in those. This sector includes all our trading jobs. Speaking at the occasion, CEO of UGDC Ghiyas Paracha said that according to the ECC decision of July 2019 and Cabinet decision of August 2019 the private sector can use additional private capacity of LNG. Trafigura is providing ongoing support in relation to the promotion and coverage of the EITI Standard for the commodities trading sector. 21 (Bloomberg) — Trafigura Beheer BV agreed to buy three medium-range tankers to carry. Trafigura sought to follow UN guidelines regarding the remittance of the crude oil prepayments,” the company said in the statement. However, the United States remains the most lucrative market as it is the global leader in international commodities and trading jobs. That would make it a top-five player behind leaders Vitol and Glencore. "This builds on our existing sector strategy and partnership with Mubadala. sanctions on the OPEC nation’s energy sector, a source with direct knowledge of the matter said. LONDON, June 7 (Reuters) - Swiss commodity trader Trafigura reported on Wednesday a 12 percent increase in core earnings on the back of higher turnover but also a fall in profit margins due to a lack of volatility in oil markets since the end of 2016. By Dmitry Zhdannikov and Julia Payne. Trafigura will take a 6pc interest in Argentinian-focused producer President Energy. ISLAMABAD: Trafigura Pakistan (Pvt) has applied for grant of licence to carry out regulated activity of sale of liquefied natural gas (LNG). 5 B, Bloomberg reported. Trafigura was the first commodities firm to join the Extractive Industries Transparency Initiative in 2014 , a move the organization's CEO said reflected its "commitment to transparency and accountability". The license strengthens Trafigura's foothold in Pakistan's growing LNG sector where it has been supplying cargoes from its portfolio. The midstream sector involves the transportation (by pipeline, rail, barge, oil tanker or truck), storage, and wholesale marketing of crude or refined petroleum products. Trafigura was the first commodities firm to join the Extractive Industries Transparency Initiative in 2014 , a move the organization's CEO said reflected its "commitment to transparency and accountability". Trafigura Competitive Analysis - SWOT & PESTLE analysis of Trafigura, one of the world's leading commodity trading and logistics houses. Trafigura Add to myFT. The move comes as Angola itself is reviewing its assets. Trafigura is a leading international condensates trader, bringing a wide variety of grades to market in all parts of the world. Trafigura owns 150 mmcfd LNG import capacity at second terminal of Pakistan Gas Port Consortium Limited (PGPC). operates as a commodities trading and logistic company. Join Mergr and gain access to Trafigura Group Pte. It's the right way to do business and it makes sense commercially. You get a lot of quick growth Trafigura. See the complete profile on LinkedIn and discover Miranda’s connections and jobs at similar companies. In the early years, we were one of a few trading firms challenging the traditional dominance of the big institutions. 18,000 tonnes are to be sold in 2019, and 21,000 in 2020. Trafigura reaffirms its strong belief in the growth potential of Pakistan's energy sector, and it very much looks forward to deepening its involvement in the development of this critical sector in the immediate future. Market view: articles on the economics of the resource sector, market commentary and crystal ball gazing by Saad Rahim, Chief Economist, Trafigura Group. Trafigura also has the flexibility for early repurchase of the commodities owned by the Issuer. sanctions on the OPEC nation’s energy sector, a source with direct knowledge of the matter said. BEIJING (Reuters) - Chinese police have arrested an employee of commodity trader Trafigura as part of an investigation into an alleged $32 million gasoline trade fraud, according to an official arrest warrant seen by Reuters. One of the world's leading independent commodity trading companies, Trafigura is also a pari-passu limited partner in the fund. Trafigura is a great start for anyone who wanted to work in commodity sector as it basically teaches you everything that you need to know about the trade Cons You get a lot of quick growth Trafigura. In November, one of the world’s largest commodity traders Trafigura issued $470 million of bonds, through a newly incorporated Singapore subsidiary Trafigura Commodities Funding Pte Ltd, to six banks—DBS Bank, Mizuho Bank, Natixis, Oversea-Chinese Banking Corp, The Bank of Tokyo-Mitsubishi UFJ and Westpac Banking Corp. The Company's most targeted sectors include metals/mining (100%). Trafigura is one of the world's largest commodity trading and logistics businesses. Table of Contents Table of Contents 2 List of Tables 4 List of Figures 5 Trafigura Group Pte. In December, Trafigura faced unwelcome scrutiny when it was drawn into an expanding corruption probe by authorities in Brazil into past dealings between commodities traders and the Brazilian state. Trafigura has financial years lasting from September to September and the latest year was marked by a strong growth in trading volumes. LONDON (Reuters) - U. Trafigura will own 75% of the JV, Frontline 15% and Golden Ocean 10%. First, the planned Trafigura disclosures will shed light on commodity trading and the sale of crude by national oil companies (NOCs), which occupy a remarkably opaque corner of the petroleum sector. LONDON (Reuters) - One of the world's biggest traders, Trafigura, booked a $254 million loss from oil and gas market hedges last year, highlighting the challenges traders face when taking large loans to protect against price swings in illiquid commodities. Mr Igor Sechin, the CEO of Rosneft, had also announced at the company’s AGM yesterday that the transaction can now be “considered as closed”. Jeremy Weir, and the CEO of the Modern Mining Company, Mr. 4m rescue deal with Mawson West Trafigura has extended its rights for the offtake of 100% of the copper concentrates produced at the Dikulushi and Kapulo mines in the Democratic Republic of Congo as part of a $33. But this is only one of several cases which have seen its behaviour come under scrutiny. CTBC and ICBC, meanwhile, have been named MLAs and active bookrunners on the CNH syndication. company Cheniere to buy LNG for 15 years and export it to Europe and Asia. View Ahsan Ul Haq’s profile on LinkedIn, the world's largest professional community. Trafigura saw its revenues rising to $133 billion from $120 billion in the previous year. Trafigura backs Venturex GLOBAL commodities trader Trafigura is excited by the potential offered by Venturex Resources' emerging Sulphur Springs copper-zinc project in Western Australia and will become a cornerstone investor in the proposed A$169 million mine, offering a $100 million debt package and a life-of-mine offtake agreement. Locations: Geneva, Switzerland / Houston, USA / Singapore / Shanghai, China TRAFIGURA Profile Founded in 1993, Trafigura is one of the largest physical commodities trading groups in the world. Trafigura is one of the world's leading independent LNG traders with its 2018 delivered volumes rising 22% year on year to 9. He said the cooperation between Trafigura, UGDC and ExxonMobil was an example of how the private sector could effectively meet the needs of the gas sector in Pakistan, adding that according to the. It first closed a US$300mn RCF in 2006 and a recent facility, which will now be refinanced, was a US$1. Get Top Management, MD , CEO , HR Manager Contact details with Email id of Trafigura India Pvt Ltd in Mumbai. In 2018, Trafigura signed a deal with U. Trafigura's aggregate direct purchases of crude, refined products and natural gas from national oil companies rose in 2016 to a third of its traded volumes, up from about a quarter in 2015, according to the company's annual responsibility report published on Wednesday. David Mooney has left Bank of America in New York and joined Trafigura, a privately owned Swiss-based commodity trading company with offices in 30 countries. Trafigura is a recognised world leader in bringing excellence to commodity supply chains and creating value for our partners and customers. Under the terms of the deal, the trader will secure the stake via an initial subscription to raise $4mn in new President Energy shares, at a price of 4. 6 billion at the end of March, from US$6 billion six months earlier. 7 billion in the year ended Sept. It is the world's largest independent trader of LNG, operating in six continents. IGO stated it had achieved improved commercial terms with these agreements. Trafigura has financial years lasting from September to September and the latest year was marked by a strong growth in trading volumes. Contextual translation of "trafigura" into Spanish. Posted by Jonas Moberg on December 03, 2019. Displayed here are Job Ads that match your query. Trafigura ha logrado un crecimiento sustancial en los últimos años, aumentando los ingresos de USD12 mil millones en 2003 a USD 171. LONDON, Jan 15 – Global commodities trader Trafigura Group is looking to take a lead in the trading industry to tackle climate change and will set a target to reduce the intensity of its. Trafigura also increased its business with Chinese state-owned oil corporations and a saw a surge in purchases by private-sector Chinese refineries newly licensed to import crude. The International Energy Agency expects the South Asian nation to account for a quarter of global energy use by 2040. The Group has been connecting its customers to the global economy for more than two decades, growing prosperity by advancing trade. It is the world's largest independent trader of LNG, operating in six continents. We store, blend, transport, risk manage and finance commodity holdings. 1% this year to 7. The proceeds of these notes, along with a loan from Trafigura, will be used by TCF to buy crude oil and refined metals. It will finance its purchase of India’s Essar Oil, its largest-ever physical oil sector investment, outside its corporate structure through non-recourse bank loans, it said. trafigura metales basicos s. Trafigura Group Pte Ltd (), one of the world's leading independent commodity trading companies has entered into an agreement for IFM Global Infrastructure Fund to invest in certain of Trafigura's wholly-owned assets operating as Impala Terminals for an undisclosed sum and for a long-term partnership with global fund manager IFM Investors. We see global trade as a positive force and we go further to make trade work better. Founded in 1993, Trafigura is one of the largest physical commodities trading groups in the world. Your trading career will be defined by both what products you trade (eg, equities, foreign exchange, or commodities) and by the kind of trader you are. The PNP had received a multimillion-dollar payment from a Dutch company called Trafigura Beheer. Trafigura on trial over 'illegal exporting of toxic waste' Trafigura, the controversial commodities trader, will go on trial in the Netherlands on Tuesday over claims it illegally exported toxic. By Andy Hoffman (Bloomberg) -- Commodities trader Trafigura Group Pte Ltd. “Trafigura has a zero tolerance policy on bribery and corruption. Reputationally, it secures us a competitive edge - with more opportunities for strategic alliances and better access to capital and liquidity. We also time charter in excess of 80 vessels worldwide. ISLAMABAD, (UrduPoint / Pakistan Point News - 26th Sep, 2019 ) :Universal Gas Distribution Company (UGDC), a private sector entity of the country, Thursday signed a Liquefied Natural Gas (LNG) purchase deal with a Singapore-based firm - Trafigura. AGREE We use cookies to improve our site and to analyze traffic. Cheniere signs 15-year LNG supply pact with trader Trafigura. By Dmitry Zhdannikov Trafigura paid a $200 million settlement and the Ivory Coast prosecutor said that there was no evidence of. This organization primarily operates in the Commodity Contract Trading Companies business / industry within the Holding and Other Investment Offices sector. Developed a "Trading Partners Index" which relates the export sector growth perspectives of Central American economies with the potential GDP growth of it's main trading partners. He is also an active investor in a number of business ventures across Asia and Europe. This is why the Trafigura Foundation is backing SFC’s “Smart Freight Leadership” programme. 2 billion in 2015. Founded in 1993, Trafigura is owned by its management and employees. "This builds on our existing sector strategy and partnership with Mubadala. In 2018, Trafigura signed a deal. The joint venture with PGPL will sell gas to private sector customers. The rotations ensure that trainees have a "holistic understanding of Trafigura", adds Higgins. and 5 years in Commodity Trading sector Trafigura is a Global Commodity. UK’s BP has obtained a licence and plans to launch filling stations soon. Thanks to the support of the Trafigura Foundation, independent NGO Swisscontact has delivered an extensive study about the implementation of an integral waste management project targeting the transport sector in Bolivia. Trafigura Pte Ltd operates as a commodity trading and logistics company. Trafigura - Analyst - Research - Coal Sector (1-6 yrs), Mumbai, Research, iim mba jobs - iimjobs. First, the planned Trafigura disclosures will shed light on commodity trading and the sale of crude by national oil companies (NOCs), which occupy a remarkably opaque corner of the petroleum sector. Commodities trader Trafigura Group Pte is in talks to buy a minority stake in Essar Oil Ltd, which runs India's second biggest private sector refinery, in a deal that could be valued at around $6. Trafigura Beheer, the multinational commodities trading company which is at the centre of a scandal in Jamaica, is embroiled in an investigation into a Zambian government minister. Speaking at the occasion, CEO of UGDC Ghiyas Paracha said that according to the ECC decision of July 2019 and Cabinet decision of August 2019 the private sector can use additional private capacity of LNG terminals. Unlike Glencore (GLCNF), Trafigura is fully responsible for the debt, although it has insured it with re-insurers. 's efforts to become a U. Speaking at the occasion, CEO of UGDC Ghiyas Paracha said that according to the ECC decision of July 2019 and Cabinet decision of August 2019 the private sector can use additional private capacity of LNG. 7 million) for the year to Sept. said is the "lifeblood" of the commodity trading sector. The programme featured a wide variety of sessions and speakers to reflect the diverse, multi-stakeholder interests in the sector, with a particular focus around mainstreaming extractives data into government and company systems so as to facilitate openness, improve decision-making and enhance trust. Trafigura Insights is our blog to which we invite guest commentary on the sourcing of natural resources, and our colleagues to share views on the commodity markets and Environmental, Social and Governance (ESG) issues related to our sector. If you continue browsing the site, you agree to the use of cookies on this website. Everything you've always wanted to know about becoming a trainee trader at Trafigura by Sarah Butcher 09 May 2010 Last week we spoke to Greg Hertault, global head of graduate recruitment at. Sakunda, which was founded in 2005, is a leading player in the fuel sector and has grown to become a leading importer and supplier of fuel into Zimbabwe, Malawi and Zambia. Trafigura chief Jeremy Weir set to make 'history' with speech. Privately owned traders Vitol and Gunvor and listed Glencore are also expanding in LNG and said they were using hedges to protect their exposure in that sector. Trafigura contract up for discussion today that PCJ’s contract with Trafigura is above board. 1 billion of. The applicant has stated that they will procure the LNG from international market to regasify it at Pakistan Gas Port Consortium Limited Terminal and then transport it through the Sui Southern Gas Company. Unlike Glencore (GLCNF), Trafigura is fully responsible for the debt, although it has insured it with re-insurers. FOR DIDIPIO COPPER CONCENTRATE WITH TRAFIGURA (MELBOURNE) OceanaGold Corporation (ASX: OGC, TSX: OGC, NZX: OGC) (the “Company”) is pleased to announce that it has signed a Heads of Agreement with Trafigurain relation to the sale and purchase of,. The government announced a cross-sector privatization drive last year, including its aim to list state oil firm Sonangol by 2022 and divest its stake in Puma. The terminal's surplus regas capacity of 90mmscfd shall, under the prevailing policy and rules, be made available to the private sector in collaboration with PGPC's equity partner Trafigura Holdings Limited, which is the world's largest LNG trader. “Trafigura has a zero tolerance policy on bribery and corruption. The PNP had received a multimillion-dollar payment from a Dutch company called Trafigura Beheer. This organization has been operating for approximately 7 years. ISLAMABAD: Pakistan has granted a 10-year licence to an international independent energy and commodity trading company Trafigura Pakistan for import of natural gas/re-gasified liquefied natural. 5 mil millones en 2019. Meanwhile, Trafigura is looking to rebrand itself as a leader in corporate responsibility in the commodities trading sector. The deal, which gives Trafigura almost total control over the local fuel sector, comes on the back of a multimillion dollar loan to ZANU PF that Trafigura guaranteed. Indeed may be compensated by these employers, helping keep Indeed free for jobseekers. In November, one of the world’s largest commodity traders Trafigura issued $470 million of bonds, through a newly incorporated Singapore subsidiary Trafigura Commodities Funding Pte Ltd, to six banks—DBS Bank, Mizuho Bank, Natixis, Oversea-Chinese Banking Corp, The Bank of Tokyo-Mitsubishi UFJ and Westpac Banking Corp. Trafigura - Analyst - Research - Coal Sector (1-6 yrs), Mumbai, Research, iim mba jobs - iimjobs. Puma and Trafigura declined to comment. Our data undergoes extensive quality assurance testing with over 2,000 discrete checks for validity and reliability. Trafigura on trial over 'illegal exporting of toxic waste' Trafigura, the controversial commodities trader, will go on trial in the Netherlands on Tuesday over claims it illegally exported toxic. GENEVA (Reuters) - Global commodities firm Trafigura has decided to stop trading oil with Venezuela due to U. GENEVA (Reuters) - Global commodities firm Trafigura has decided to stop trading oil with Venezuela due to U. An investigation conducted by the Berne Declaration has found. A free inside look at company reviews and salaries posted anonymously by employees. Summary Trafigura Beheer BV (Trafigura Beheer) is an independent commodity trading and logistics company. 3 million bpd, according to its disclosures on payments to governments for oil. Trafigura saw its revenues rising to $133 billion from $120 billion in the previous year. 2015 hat die Gesellschaft ihren Sitz gemäss den Vorschriften des IPRG nach Wilmington, New Castle County, Delaware (US), verlegt. Trafigura January 2015 – Present 4 years 10 months. Trafigura engages with the EITI at the international level in pursuit of the above mentioned objective, including participation in all commodities trading working group meetings and potential pilots in future. Geneva-based Trafigura estimates the value of the global petrochemical market at $729 billion and growing. Global commodities trader Trafigura said it has reached an agreement to build a giant copper, zinc and lead smelting complex in Saudi Arabia at an investment of $2. Cochan did not respond to a request for comment. Their Contact information is here due to an association with the Lead information we provide. Dmitry Zhdannikov.