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About us
Who are we?
Aramco Trading was established as Saudi Aramco’s trading arm in 2010 to provide energy solutions to the world while integrating its downstream assets.
Headquartered in Al-Midra Tower in Dhahran, Saudi Arabia, the wholly-owned subsidiary began its operations in January 2012, focusing on the trading of refined products, blending components, bulk petrochemicals, and polyolefins.
The company subsequently introduced chartering operations to expand its operational magnitude and to satisfy the needs of its customers.
To reach out to a wider customer base and to capture more opportunities, Aramco Trading leased storage and blending facilities in major trading hubs, customizing product specs to cater to niche markets. The company continued to scale up the business, adding Crude and LNG to the product portfolio, thereby increasing market outreach and trading volumes. It expanded its role from balancing Saudi Aramco’s local system to the supply and trading integrator of Saudi Aramco’s global downstream assets.
Aramco Trading now operates in key trading hubs such as the Gulf, United Arab Emirates (Fujairah and Dubai), United Kingdom, Singapore, and the United States to support this integration model.
With six offices currently operating worldwide, Aramco Trading has broader access to markets, a wider client base, a talented and diversified workforce, and a sophisticated and integrated global business model.
Today, the company is recognized globally as a critical trading partner for refiners, shipping companies, financial institutions, end-users, and other commodity trading companies.
Timeline of key events
2010-2012: Start-Up
Saudi Aramco approved the formation of Aramco Trading Company as its global trading arm to provide energy and maritime logistics solutions to the Kingdom and the world while integrating its downstream assets.
Aramco Trading started establishing footprint in regional and international trading hubs.
Commenced trading operations, chartering, derivatives trading, and system balancing.
2013-2016: Sustained Growth
Aramco Trading launched blending operations to provide customers with optionality to serve niche marketplaces.
Introduced hedging as part of the Company’s risk management.
Began third-party fuels trading to secure growth opportunities and increased volume placement to expand the Company’s customer base.
Introduced polymer trading.
2017-2020: Geographical and Service Expansion
In 2018, Aramco Trading opened its first wholly-owned subsidiary, Aramco Trading Singapore (ATS), to capture sales and expand third-party trading in the Asia Pacific region.
In 2019, the company simultaneously inaugurated two more international offices. Aramco Trading Fujairah (ATF) to manage the ATC Group's worldwide blending and storage facilities; and Aramco Trading Limited (ATL) to support sales expansion in Europe, Africa, the United States, and other growth areas.
Commenced Crude Oil and LNG trading and expands third-party trading.
2018 & 2021: Integration
Saudi Aramco integrated Aramco Trading into its global downstream system encompassing its trading platform, crude oil, product sales, and distribution network.
Aramco Trading integrated SABIC products into its portfolio.
2021-2023: Global Expansion and Portfolio Transition
In January 2023, Aramco Trading opened its new office in the United States of America (USA) with the acquisition of Motiva’s trading arm.