Tag Archives | Trafigura

Essar Oil’s Iran Debt expected to be Paid

By John Lee. India’s Essar Group has completed the sale of its 98.26-percent holding in Essar Oil to Russia’s Rosneft and partners. Rosneft will take a 49.13 percent stake in Essar Oil, with a consortium of Trafigura and United Capital Partners (UCP) taking an equal stake, Essar Oil said in a statement. Essar Oil still owes […]

Trafigura to Boost Metals Trading with Iran

By John Lee. Commodity trader Trafigura has advertised for a Persian-speaking Business Development Analyst for its refined metals division, to work with its traders to “identify, analyse, assess and propose business opportunities in the Arabian Gulf, especially within the rapidly changing Iranian market.” The candidate will be expected to “undertake analysis of the Middle Eastern […]

Iran seeks ‘go-between’ for Oil Exports

By John Lee. The director of international affairs at the National Iranian Oil Company (NIOC) has said that a ‘middle man’ may be necessary to facilitate crude oil deliveries from Iran to the international market. Mohsen Qamsari (pictured) told UPI that independent Chinese refiners made purchase orders for around 2 million barrels of crude oil, […]