Moving Energy
Reliably
Moving Energy
Reliably
As a trader, Gunvor is well suited to running efficient and profitable refineries. We leverage our expertise and relationships with crude suppliers to gain access to the types of crude oils our facilities process. We also employ our financing expertise to ensure the trading and facilities are sustainably maintained.
For example, Gunvor was the first trading house to establish a factoring program**Factoring Program** A factoring program refers to a financial arrangement where businesses sell their accounts receivable—i.e., invoices—to a third party called a factor. This sale is generally at a discount,... Read more as means of diversifying financial support for oil refining operations. The deal, which was established with GE Capital for our Ingolstadt refinery, was the largest single receivable finance program in Germany.
We continue to further invest in our refinery acquisitions, with the goal of achieving operational excellence by keeping Safety, Health and the Environment (SHE) a priority in how we build for the future.
We continue to invest in our refinery acquisitions, keeping Safety, Health and the Environment (SHE) a priority in how we build for the future.
Gunvor Refinery Ingolstadt (GRI) is a 100% owned inland refinery operating in a niche market. Crude oilCrude oil refers to unrefined petroleum that is found with the Earth’s crust. Read more supply arrives via the TAL pipeline system, a 753-kilometer pipeline connection from the marine shipping terminal in Trieste, Italy.
Gunvor Energy Rotterdam (GER), 100% owned by Gunvor, is situated in the Port of Rotterdam. The refinery and its international distribution center have direct access to the open sea and the European hinterland.