TALLINN

CASPIAN SEA

SINGAPORE

BEIJING

EQUATORIAL GUINEA

BALTIC SEA

INGOLSTADT

KARIMUN

TASHKENT

ULAANBAATAR

ANTWERP

AMSTERDAM

GENEVA

DUBAI

NICOSIA

WESTERN AUSTRALIA

SHANGHAI

ROTTERDAM

ISTANBUL

NASSAU

BOGOTA

BUENOS AIRES

HOUSTON

CALGARY

ROUNDUP

DAVID

ASUNCION

STAMFORD

DHAKA

More information can be found at GunvorGroup.com or @Gunvor.

2017 GROUP SUMMARY

Gunvor Group is one of the world’s largest independent commodities trading houses by turnover, creating logistics solutions that safely and efficiently move physical energy and bulk materials from where they are sourced and stored to where they are demanded most. With strategic investments in industrial infrastructure—refineries, pipelines, storage, terminals, mining and upstream—Gunvor

further generates sustainable value across the global supply chain for its customers.

GenevaSingaporeHoustonNassau

StamfordShanghai

Dubai

2016 2017201520142013

100

60

90

50

20

80

40

10

70

30

0

Crude Price (USD)

USD

47

billio

n

USD

91

billio

n

USD

88

billio

n

USD

64

billio

n

USD

63

billio

n

Revenue

*excludes emissions

Other2%

peEuro51%

Americas16%

Africa6% Middle East

4%

Asia-Pacific12%

Russia9%

Sales by Volume

Crude Oil30%

VGO1%Biodiesel

1%

Natural Gas23%

Coal4%

Fuel Oil7%

Gasoline12%

Gasoil10%

LPG3%

LNG2%

Naphtha3%

Other4%

Supply by Region

180

120

160

100

40

140

80

20

60

0

131

milli

on M

T

137

milli

on M

T

164

milli

on M

T

153

milli

on M

T

185

milli

on M

T

2016 2017201520142013

Volume

1,600Employees worldwide

300,000Barrels per day of installed

refining capacity

100Number of countries

Gunvor trades in

>75Global banking partners

MILLION2.7Number of barrels of oil

Equivalents traded per day

Trading Offices