| STRATEGIC EXPANSION |
Since the establishment of a new corporate structure in 2004, Mercuria has grown rapidly. The company enjoys the solid financial support of a pool of over 20 banks, including an aggregated credit line for business expansion of in excess of eleven billion dollars.
In addition to rapid expansion in energy trading volumes, the Group owns a number of upstream ventures, including Orchard Petroleum, a California E&P company with nine world-class oil and gas projects, and oil fields in Canada and Argentina.
The Group is moving into the market for biofuels with a 200,000 ton biodiesel plant to be constructed at the Oiltanking terminal in the Port of Amsterdam.
Mercuria has also acquired three strategically placed terminals with oil storage: Eurodek Terminal in Tallinn, Estonia; Mercuria Terminals Flushing, in Vlissingen, The Netherlands, and NAFTA B in Antwerp, Belgium.
In addition to crude oil and petroleum products markets, Mercuria Energy's global trading team is active in power, natural gas, coal, biofuels and carbon emissions certificates.
Total physical oil and products sold:
2005 - 40 million tons
2006 - 50 million tons
2007 - 60 million tons
2008 - 81 million tons
Key Figures for 2008
- 10.5 million tons of physical middle distillates sold
- 10.2 million tons of other products sold
- 61 million tons of physical crude sold
- 370 ships and 245 barges chartered
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| GLOBAL TURNOVER |
Global Turnover:
2004 - $6 billion
2005 - $15 billion
2006 - $20 billion
2007 - $34 billion
2008 - $47 billion |
| MERCURIA IN PHOTOS |
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