Our customers include national oil companies, multinationals, leading industrial and chemical companies and the world's largest airlines. We deliver the products they need on time and specification by sourcing and managing the movement of energy through the relevant infrastructures.
Trading, that is the efficient distribution of energy around the world, is at the core of our business. Every day we trade over 7 million barrels of crude oil and products, buying from producers and delivering to refiners, wholesalers and distributors worldwide.
Vitol has a focused presence in oil and gas production.
Our total output of circa 65,000 boepd is in two key geographical areas; West Africa and the US. Sankofa Gye Nyame is our flagship project, 60 km offshore Ghana and developed in partnership with Eni.
Vitol is invested in over 500,000 barrels a day of refining capacity in Asia, Australia, Europe and the Middle East, giving us a comprehensive understanding of the short and medium-term challenges facing refiners, from sourcing optimal feedstock to managing the energy transition.
Read more about our refining companies: ATB, FRCL, Varo Energy, Viva Energy and VPR Energy.
We own 16 million cubic meters of storage capacity, which coupled with significant leased capacity means we can store and blend bespoke combinations to deliver optimal feedstock and products, responding to an ever-changing market.
Our shipping expertise is integral to our trading business, enabling us to move energy around the world, safely and efficiently. Through our company Mansel we control and operate a fleet of vessels which operate globally. Our Mansel clients can login here.
We are invested in downstream and distribution assets with circa 6.800 retail sites globally, as well as the associated infrastructure. We also supply jet fuel into wing at more than 140 airports worldwide through Vitol Aviation.
Deploying our financial strength and strong balance sheet to facilitate solutions.
Providing stability and certainty to customers by managing market volatility on their behalf.
Enabling our partners and customers to benefit from our extensive access to energy markets.
Leveraging our expertise, market reach and flexibility to deliver bespoke solutions to our customers.
Crude/Products | 25.09.2022
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