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04.

OIL REFINING & TRADING HOUSE

Onex is an independent oil refiner and commodities trading house, creating logistics solutions that safely and efficiently move physical energy and soft commodities from where they are sourced and stored to where they are demanded most.

Trading

55mn bp/a volume

We have curated expertise and relationships with the global trading houses, oil majors and end users in the industry. In 2022, we lifted around 8mn tonnes of product.

Image by Zbynek Burival

Shipping

Shipping Fleet and Operations

We took delivery of 3 new LR-2 vessels from HHI. Our vessels are currently being managed by Anglo-Eastern and Scorpio Tankers

We have a consistent fleet of 8-10 vessels per month under our management and operations.

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Image by Chris Pagan

Team

Dubai, Geneva, Paris

We have a team of 40 expert trading and shipping professionals.

We have on the ground technical and operator experts in the countries we operate enabling a competitive edge in our supply chain management.

Map in Grass

Products

Fuel Oil, Naphtha, Gasoline

We are one of the leading lifters of Fuel Oil in the market sourcing our product from SOMO, Iraq.

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Image by Aram Sabah

45,000 bp/d Bazian Oil Refinery

SUMMARY

We restored, upgraded and expanded the Bazian Oil Refinery in Kurdistan after our acquisition in 2010. The refinery employs over 400 professionals and is now capable of refining 45,000 bp/d and has a long term tolling agreement with the Federal Government of Iraq.

LOCATION

Kurdistan, Iraq

YEAR

2010

Information:

The refinery is only one of two in the region

and is refining 10% of the countries

product demand.

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