KGT oil is proud of its worldwide relationships which enables it to move oil almost anywhere around the globe. We regularly charter vessels of all sizes to transport our cargoes, such as Suezmaxes, Aframaxes and Panamaxes. Cargoes are only insured with first class insurance companies granting us and our receivers the security they are looking for.
Chartering is done spot as well as on a contract for affreightment basis. Time charters are also regularly used to hire vessels.
Our dedicated staff ensures that all is done with utmost professionality and dedication. Our logistics team operates seamlessly with our trading desks to manage freight exposures and to add safety and efficiency to our physical transactions.


Oil storage, for both crude and products, is regularly used as a trading tool by our company. Oil storage facilities are made available to the trading desks through long term agreements with first class storage companies.

Petraco currently holds significant storage capacity in the Mediterranean which is strategically placed to take advantage of flows from the Black Sea and Persian Gulf regions.


KGT oil operates in all risk management tools, including the futures market, over the counter (OTC) swaps and a range of other derivatives. We bring high standards of risk management and operational excellence to our customers while maintaining sophisticated risk management systems, processes and controls.

Financial, operational and market risks are an integral element of commodities trading and physical supply. They cannot be wholly avoided, but can be planned for and managed. We take a comprehensive approach to hedging and marketing to help our clients achieve their goals and objectives.


Our in depth expertise, combined with our extensive credit lines as well as our own strong financial condition allows us to offer a variety of transactional structures enabling us to provide valuable solutions to our counterparties.
Our strong liquid capital structure enables us to provide our clients the working capital they require by extending payment terms using a variety of structures. We are also able to provide our crude oil and petroleum products producers pre-export financing.
Petraco regularly works with its suppliers to develop structures that provide them with maximum access to liquidity as well as giving us the financial transparency and security we require. We bank with all the major trade financing banks.