
Top 5 most influential women in global business
CEOWORLD Magazine, one of the world's premier business publications, has released its latest ranking of the most influential women in international business. Let's take a look at the top five
Litasco, Switzerland
The volume of purchases of the company amounted to 35.8 million tons, and the amount of contracts – to $13 billion. The price is $49.7 per barrel.
The Swiss oil trader Litasco is owned by Lukoil. The company trades in Europe, CIS countries, Mediterranean region, North and West Africa. After the cancellation of international sanctions against Iran Litasco was the first to buy batches of Iranian crude oil and petroleum products.
China National United Oil Corporation, China
The total value of the contracts amounted to $10.5 billion, the volume of purchases - to 26.9 million tons. The price is $53,6 per barrel.
In addition to Russia, the company buys and sells crude oil and petroleum products on the Western and Middle Eastern markets.
Total Oil Trading, Switzerland
The amount of contracts amounted to $5.2 billion, the volume of purchases – to 14.5 million tons. The price is $49.3 per barrel.
The company buys Russian oil in large quantities. Several years ago Total Oil Trading signed a new contract with Rosneft on the supply of 4.8 million tons per year to Germany.
Trafigura, Netherlands
The volume of purchases amounted to 12.9 million tons, and the amount of contracts – to $4.9 billion. The price is $52.3 per barrel.
Trafigura is the leading trading company in the world, dealing not only with oil, but also with metals and mineral fertilizers. In the oil market, in the segment of Russian oil exports, Trafigura takes a leading position.
Orlen, Poland
The total value of the contracts amounted to $3.7 billion, and the volume of purchases - to 10 million tons, the price is $51.2 per barrel.
The company has been collaborating with Russian companies for several years. However, after the appointment of a new CEO the company decided to increase supplies from Russia and agreed with Rosneft on the contract meant for the supply of 25.2 million tons over three years.
Shell International Trading, UK
The total value of the contracts amounted to $3.6 billion, and the volume of purchases - to 9.7 million tons. The price is $51,1 per barrel.
Shell Trading's global trading volumes of crude oil, oil products, gas and electricity reach 15 million barrels of oil equivalent per day. The parent company of the concern is Royal Dutch Shell, which has been producing gas and oil in Russia together with Gazprom and Gazprom Neft for many years.
Mercuria Energy Trading, Switzerland
The volume of purchases of the company amounted to 7.8 million tons, and the amount of contracts – to $3 billion. The price is $52.3 per barrel.
The main products of the leading Swiss trader, which has 50 offices around the world, are oil, oil products, gas, biofuel, coal, metals, and grain. Last year, the major part of the Russian Urals oil was sold by Mercuria to the Polish concern Orlen.
Ros-GIP Limited, Ireland
The volume of purchases of the company amounted to 8.1 million tons, and the amount of contracts – to $2.9 billion. The price is $49.7 per barrel.
Ros-GIP Limited was formed by the leading international trader Glencore to service a long-term contract with Rosneft. From Glencore and Vitol, Rosneft received pre-export payment of $10 billion against pledge of oil supplies within five years.
Tatneft Europe, Switzerland
The total value of the contracts amounted to $2.9 billion, and the volume of purchases - to 8.1 million tons. The price is $48.9 per barrel.
Tatneft Europe is a trading branch of Tatneft. Two years ago, after Orlen's plans to increase the purchase of oil from Saudi Arabia, Tatneft suggested the Ministry of Energy to develop ways to protect Russian companies in the EU oil market.
Concept Oil Services, Hong Kong
The total value of the contracts amounted to $2.3 billion, and the volume of purchases - to 5.9 million tons. The price is $53.3 per barrel.
There is a little information about the company. There were cases when the Russian media linked it to several employees of the Ministry of Energy and Transneft, but it was not possible to prove it. According to the representative of one of the main international traders, the owner of Concept Oil Services has Russian citizenship.
CEOWORLD Magazine, one of the world's premier business publications, has released its latest ranking of the most influential women in international business. Let's take a look at the top five
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