ASCON’s day to day activities entail the structuring and execution of various commodity trade related transactions. Our core business remains in the physical trading of crude oil and its refined derivative products and our key focus areas are Eastern Europe, West- & Southern Africa, the Middle East as well as the Asian outlets. We are particularly concentrating on niche markets where we cooperate with local companies to fill the regional supply and demand gaps and in order to open new sources for our overseas clients.
ASCON celebrated its 30th anniversary in the year 2014. In the last three decades, we have grown into a global energy company with operations in four continents.
As an independent, privately owned company we off-take crude oil and refined products from small and major producers as well as state-owned companies, arrange the barrels trading, storing as well as financing and supply them to our clients all over the world.
Throughout our history we have traded more than 200 Million Barrels of Crude Oil and have refined a significant part of this in processing agreements with affiliated refineries. Further, we have been marketing and trading the refined distillates and related products successfully since 30 years and have started diversifying into new commodities, markets and assets in recent years.
ASCON focuses on creating innovative products and solutions, built around a wide portfolio of commodities, to meet our clients’ objectives and individual needs.