ALSAA Petroleum & Shipping FZC is one of the foremost companies engaged in wholesale and distribution of Petroleum and Petroleum products. ALSAA trades a full range of petroleum products from light ends to Fuel Oil and Bitumen. Besides trading physical Oil, ALSAA also trades paper to the tune of about one million barrels/month to cover pricing risks against market volatility.
Established in 2002, ALSAA has grown from scratch to a well-known entity in the oil trading sector over the years and has developed a professional team which covers operations, chartering and logistics, inventory management & finance.
A solid financial background of over USD 200 million credit lines in place with international banks like BNP Paribas, ING Belgium, Arab Bank Geneva. These credit lines help ALSAA to carry out all the trading operations smoothly.
Leveraging on the experience in trading, ALSAA advises its clients and provides different pricing options to cover it’s clients requirements accordingly. The phenomenal growth of our business has led to developing a dedicated desk for paper trade and risk assessment. ALSAA trades with all oil majors and refineries like BAPCO, TASWEEQ & others.
ALSAA is a name to reckon with in the shipping industry due to its chartering strength across the globe. Alsaa charters all sizes of vessels ranging from 5000 DWT up to LR2 sizes. Over the years the ALSAA team of professionals has acquired valuable experience in chartering, commercial management of ships and managing a complete chain of logistics. The shipping experience covers Oil, Dry Bulk and Gas.
ALSAA has established a local supply system of Gasoil 10PPM since last one year which has grown to a volume of about 400,000 barrels per month. The supply system is ably supported by a state of the art storage facility at Hamriya Free Zone, owned by the company which has a capacity of 85,000 cubic meter. The facility can load about 100 trucks in 24 hrs. All loading systems are fully automated and this provides highest customer satisfaction.
The storage facility is mainly used blending of Gasoline and for Gasoil retail business. The storage is connected to two berths which are having a draft of 12.6m and 7 meters. The berths give flexibility to load/discharge two vessels at the same time.
This storage is run by highly professional staff as per international standards and is approved by a few Oil Majors. As trade volumes are growing, these figures are expected to cross more than a million ton in 2017.
In the recent past, ALSAA has been running an oil marketing company in Pakistan and presently ALSAA has initiated the process to establish a new oil marketing company there.
ALSAA Petroleum has trading operations in Middle East, East Africa, India, Pakistan and Nigeria.
ALSAA also plans to extend its operations to the Far East Asia, South Africa and Europe. For this purpose we are in a process to increase our team to support new trading areas and trade flows.