Trading operations range from selling crude oil produced by Total to purchasing most of the crude oil used as feedstock in our refineries. The Shipping business supplies refineries with crude oil and transports refined products to consumer markets.
A World Leader in International Crude Oil and Refined Product Trading Trading & Shipping is active in organized and over-the-counter markets that handle the three main petroleum products—crude oil, refined products, and derivatives. It employs some 100 traders of around 30 nationalities in nine offices worldwide. Trading & Shipping’s main activity is leveraging and optimizing our oil and gas production, the supply of feedstock to our refineries, and outlets for our refineries and marketing subsidiaries. It also manages price risks for all of our production and trading operations. Trading & Shipping has acquired and honed matchless oil trading and risk management expertise, which is also available to outside customers and partners for oil price risk management. Trading & Shipping is a leading trader in world oil markets.
Totsa, Total Trading Website
A Recent Shipping Fleet Total has a fleet of around 63 tankers (including 6 LPG tankers) under medium and long-term charter. The fleet is modern, with an average age of approximatelyl five years and is predominantly comprised of double-hulled vessels.
Tighter safety in sea transport We have one of the most stringent vetting processes in the oil industry, and it is applied not only to charter vessels, but also to ships carrying cargoes owned by subsidiaries and/or transiting through Total-operated terminals. |