Tenergy trades the entire barrel, with a main focus on crude oil, fuel oil and naphtha. Volumes are sourced through direct relationships with producers and refineries and are supplied directly to the end-user. We always strive to build and maintain strong relationships with key producers and end-users and do so by working in a professional, efficient and creative manner.
Tenergy has earned a solid reputation of being a reliable trading partner. Due to our strong regional knowledge and networks our business has consistently grown and developed. Tenergy is a key player in the FSU energy markets and we are one of the largest suppliers of Russian ESPO crude oil, offtaking from Russia’s independent producers and supplying to key end-users in the Far East and the USA.
Presently Tenergy transacts up to 300,000 bbls/day of physical crude oil and products and is active on the OTC and futures markets as well for its price risk management needs.
Our customers include national oil companies and private oil companies of various sizes, including independent oil producers, refiners and a select group of energy traders. Tenergy’s focus is on building and maintaining direct relationships with producers and end-users and establishing long-lasting strategic alliances.
Since inception Tenergy has focused on developing its business through strategic partnerships with oil producers and key end-users. In order to best serve our customers we employ an integrated approach to trading, marketing, logistics, finance and risk management thereby enabling us to provide our customers with comprehensive and innovative solutions.
For our transportation needs we maintain excellent relationships with the world’s key ship owners and brokers, ensuring us access to the best shipping assets. Vessels are chartered on a spot or time-charter basis.
Through our extensive global network and relationships we have access to crude oil and products storage facilities in Russia, Europe, the Middle East and the Far East.
Tenergy has long-standing banking relations with all the principle commodity financing institutions. As our business has developed, so have our financing needs and today considerable credit facilities are in place to support our current and future trading operations.
Tenergy exercises financial prudence and therefore maintains a strong liquidity position.