ASCON was founded in December 1984 as a company incorporated under the laws of the Federal Republic of Germany and registered at the Municipal Court of Hamburg.


Since its inception, ASCON has been primarily engaged in the international trade of crude oil and its derivative products working with major companies in the oil industry like Caltex, Glencore, OMV, Voest Alpine, Shell, Exxon, BP, Texaco, Metallgesellschaft (now GEA Group), Bayoil, Tamoil, Neste, PDVSA, Petrol Export-Import, Total, TPI Refinery, SAR Refinery, Sasol, Sunkyoung Group (now SK Group), Sinosteel Corporation, Petrogulf and Batumi Refinery amongst others.


By virtue of its extensive industry relationships, we are able to offer crude oil and refined products from all corners of the globe. ASCON can make available spot, short and long-term contracts to meet the specific demands for crude oil and petroleum products on the international markets.


Over the years, we have also developed considerable experience in the exploration, sourcing, shipping and trading of petroleum coke, coal and various other commodities, always paying due attention to the logistics involved in the conveyance of the commodities that we are active in.


ASCON undertakes an ongoing rigorous appraisal of all aspects of its business practices and procedures to ensure that it maintains its exacting standards and delivers the highest levels of quality to all its trading partners.