LONDON, January 30 /PRNewswire/ -- Mercuria Energy Group, one of the world's five largest private oil and petroleum products traders, is opening an office in Abuja, Nigeria on February 5th, 2009 a company spokesman has announced.
Mercuria Energy, which has its main trading floor in Geneva, Switzerland has been building both its sales of petroleum products in Nigeria, and purchases of crude oil there, for several years now. "The company wants a presence in the community, so that we can be closer to both our customers and our suppliers" said the spokesman.
The office is expected to play a role in optimizing the logistics of shipping imports and exports along the West African coast. The company also has plans to invest in Nigeria, both in upstream and downstream activities.
Mercuria Energy Group Ltd is an international group of companies active over a wide spectrum of global energy markets, including crude oil and refined products, petrochemical products, natural gas, power, vegetable oils, and carbon emissions. Global turnover in 2008 was $45 billion.
