Rating of the largest buyers of Russian oil

The oil market in Russia( as, indeed, any other area where large amounts of money revolve) is closed from the curious views of profane and uninitiated. Only total sales are known( 244.5 million tons of crude oil in 2015) and the amount( 89.6 billion).However, Forbes magazine managed to raise the veil of mystery over multi-billion deals and compile rating of the largest buyers of Russian oil .The first twenty names on the list account for 190.2 million tons or 80% of all exports of oil.

Contents:

  • 10. Concept Oil Services
  • 9. Tatneft Europe
  • 8. Ros-GIP Limited
  • 7. Mercuria Energy Trading
  • 6. Shell International Trading
  • 5. Orlen
  • 4. Trafigura
  • 3. Total Oil Trading
  • 2.China National United Oil Corporation
  • 1. Litasco

10. Concept Oil Services

Opens the top 10, perhaps the most mysterious company - Concept Oil Services. It is known about it only that it is located in Hong Kong, but the names of the owners and even the general director is a secret. According to Russian media, most likely, the owner of Concept Oil Services is Russian, possibly one of the employees of the Ministry of Energy and / or Transneft. More accurate data were obtained on the total volume of purchases of oil from Russia( 5.9 million tons), the amount of contracts( 2.3 billion dollars) and the price of one barrel( 53.3 dollars).

9. Tatneft Europe

The subsidiary company of Tatneft has purchased oil totaling 8.1 million tonnes for 2.9 billion dollars( one barrel - 48.9 dollars).

8. Ros-GIP Limited

Ros-GIP Limited was established by the Glencore trading group specifically for delivering oil and oil products from Rosneft."Rosneft" has committed to supply oil for $ 10 billion, which it was required to buy TNK-VK in 2013.In 2015, Ros-GIP Limited received 8.1 million tons of oil totaling 2.9 billion dollars at a price of one barrel of 49.7 dollars.

7. Mercuria Energy Trading

In 2015, this large Swiss trading company acquired 7.8 million tonnes of Russian oil at a cost of $ 3 billion( price per barrel - $ 52.3).Most of the oil purchased in Russia was resold to the Polish company Orlen, which itself actively trades with Russia.

6. Shell International Trading

Shell International Trading is a subsidiary of Royal Dutch Shell, which itself has been developing oil fields in Russia for a long time with a couple of Gazprom. Nevertheless, last year Shell International purchased 9.7 million tons of oil in Russia with a total value of 3.6 billion dollars, with the price of one barrel of 51.1 dollars.

5. Orlen

Orlen is partly owned by the state treasury of the Republic of Poland and is an old partner of Rosneft. The total volume of purchases in 2015 was 10 million tons. At a price per barrel - 51.2 dollars, the total amount was 3.7 billion dollars.

4. Trafigura

The interests of Trafigura are not limited to the purchase of Russian oil( although in 2015 the company purchased 12.9 million tons of oil at a price of 4.9 billion dollars, one barrel - 52.3 dollars).It is a major player in the market of metals and mineral fertilizers. The main partners in Russia are Rosneft and Surgutneftegaz.

3. Total Oil Trading

Opens the top 3 largest buyers of oil from Russia, a subsidiary of the French company Total. In 2015, it bought in Russia oil for 5.2 billion dollars in volume of 14.5 million tons at the price of one barrel to 49.3 dollars. The main Russian partners are Rosneft, Gazprom Neft and Surgutneftegaz.

2. China National United Oil Corporation

A division of the Chinese state-owned company purchased 26.9 million tons of oil and petroleum products in Russia for a total of $ 10.5 billion( the price of a barrel is $ 53.6).The main partners of CNPC in Russia are Rosneft and Transneft. However, the interests of the Chinese giant are not limited to the Russian Federation alone;the company actively trades in the international market.

1. Litasco

In 2015, this company bought 35.8 million tons of oil in Russia for $ 13 billion at $ 49.7 per barrel, which brought it to the first place among Russian oil buyers. All shares of Litasco belong to Lukoil. It is predictable that Litasco's main partner in Russia is Lukoil, but in addition, the company buys oil and oil products from Rosneft and Surgutneftegaz. However, the activities of Litasco are not limited to the export of Lukoil oil. For example, after the lifting of sanctions against Iran, the company was one of the first to purchase Iranian oil products.