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English

Overview

Mission

Trading

Shipping

Products

Contacts




Products


The business model of the Company related to the products is described as follow:

  1. Purchase of products
  2. Transport and delivery to deposit for storages or to final customer
  3. Release storaged product on customer request
  4. Broker



Products flow


Product


Penzoil purchases vessels of oil products from rafineries.


Transport


The product is transported by vessels or to the storage location.


Storage or back-to-back sale


Penzoil product is stored in tanks until the delivery time to the customers. In other cases, Penzoil will trade cargo's back to back on water or delivered to customer terminal sites.


Final customer


The Company's sales channels are:
Majors Oil Companies (in tank transfer)
Distributors (pump stations)
Wholesalers/Retailers