Burn the midnight oil
We help producers to effectively market and distribute their daily production and understand the specific requirements and preferences of refiners worldwide.
Over many years we have established long-term relationships with national oil companies, oil majors and independent producers. Combined with our specialist knowledge and global expertise we manage transportation to efficiently and reliably transport crude to refiners worldwide.
To be able to secure a reliable and consistent supply of the right quality crude to meet our customer’s needs at the right time it is necessary to be active in all major centres where crude is produced, refined and traded.
standard terms and conditions
Promercium standard terms and conditions for sales and purchases of crude oil and petroleum products for all oil products.
The Promercium standard terms and conditions for sales and purchases of crude oil and petroleum products are neutral terms on which Promercium buys and sells. The standard terms consist of (i) the BP Oil International Limited General Terms & Conditions for Sales and Purchases of Crude Oil and Petroleum Products 2015 and (ii) accompanying 2019 Trafigura amendments to BP General Terms and Conditions for sales and purchases of crude oil and petroleum products, 2015 edition, and are incorporated into all contracts for the sale and purchase of crude oil and petroleum products entered into by Promercium Ltd.