Petroineos Trading Limited

Petroineos comprises trading and refining joint ventures between PetroChina International (London) Company Limited and INEOS. Established in 2011, Petroineos is one of Europes leading International Integrated Energy Trading Companies. In addition to third-party trading, Petroineos Tradings key functions include the supply of Crude Oil to Petroineos and PetroChina refineries and the arrangement of the sale and distribution of the various products that are produced from the refineries. Products traded by Petroineos include both Crude Oil and Refined Oil Products. Petroineos refineries are strategically located at Grangemouth Scotland and Lavera France and are both fully integrated with co-sited petrochemical assets of the Company. Close proximity to feedstocks and customers are key elements of its strength. The Grangemouth refinery is located on the Firth of Forth with direct access to crude oil and gas from the North Sea. The Grangemouth refinery processes around 150,000 barrels...