Tradign -Petroleum Products
• Operating across the globe, IFIS is among the leading independent energy trading companies in Korea - applying our depth of experience to oil refining, logistics, storage and financing.
• IFIS, we are constantly evolving in order to meet new challenges, while developing our personnel to ensure a competitive edge.
• IFIS’s global trading offices are staffed by experienced traders who count Crude Oil, Light and Middle Distillates, as well as Bitumen, as their specialities. These traders are supported by skilled shipping and financial operations personnel.
•To maxmize its capability, IFIS is also affiliated with famous oil traders at Singapore, Houston and middle east.
•IFIS has contacted partnership agreement with Shandong Yuehuaguan Co., Ltd who is regular contractor of Shandong Dongming Petrochemical Group (www.dmsh.com) to supply annual 2million barrel Crude Oil from OPEC members.
Sector
* Crude oil
The bulk of IFIS’s activity is in sour grades, which are sourced against term supply contracts and offered to refineries against tenders or on direct sale, processing, or product buyback arrangements. IFIS will continue to take advantage of emerging opportunities and enhance relationships with our expanding customer base in Asia Pacific.
* Gasoline and Naphta
IFIS supplies more than 200,000 tons per year to oil companies in Korea and try to meet various specifications of specialized products.
* Fuel Oil
The Far East market is the largest bunker market in the world. With an overall shortage of fuel oil in the region, IFIS works closely with national and major oil companies in order to best meet their requirements, while keeping an eye out for opportunities to expand.
* Bitumen
IFIS is rapidly becoming a key player in the trading, transportation of Bitumen in Asia as well as Korea. Bridging the gap between the demand markets and suppliers, IFIS has formed strong partnerships with both.
* Additional Products
From small quantities of specialized products to bio fuels and other commodities, IFIS identifies opportunities and relationships that complement our core businesses.