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Concord Energy DMCC

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Listed in Commodities

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Starting their beginnings in 1998, Concord Energy Pte Ltd has expanded to be among of Singapore and S.E. Asia’s foremost crude oil and processed products trading organizations. Now, located in Singapore, Concord Energy Group is a multi-billion dollar firm which is continuously building latest facets of it’s company since it advances towards a built-in, asset-based energy company.

Based in Singapore, Concord has businesses in Dubai, Indonesia, Malaysia, Switzerland, China and United Kingdom.

As our name indicates, exactly what makes Concord separate certainly is the heart of camaraderie and collaboration that spreads throughout every facet of our work through the cooperation of our skilled workforce to our deals with our clients.

Over the years, this has enabled us to achieve impressive turnover growth by building long-lasting, friendly relationships with our networks of suppliers and end-users who know they can rely on our professionalism, integrity and commitment in our dealings with them.

In our trading business, we take crude oil and refined products from wherever in the world they are supplied to wherever they are needed. We use our considerable expertise in oil operations, shipping and risk management to overcome financial or logistical barriers and to create new opportunities for both Concord and our customers.

As the business has grown – and with it Concord’s reputation for prudent management and sound financials – new opportunities and new partnerships have arisen that enable us to transform our business model into that of an integrated, asset-based energy company. Concord now has production, storage, refining and other interests stretching from the Middle East to East and South East Asia.

We have invested in upstream oil exploration, oil storage facilities and coal concessions in Indonesia.

We have invested in and are currently developing oil storage facilities in Fujairah

We are equity partners in, and own two seats on the Dubai Mercantile Exchange

We are partners with Daman Investment PSC in Daman Quattro – a Dubai-based oil brokerage company.

Concord Energy Pte Ltd has been awarded Global Trader Status by IE Singapore.

On January 8th 2013, Concord Energy Pte Ltd  announced the completion of the sale of a 50% interest in Fujairah Oil Terminals FZC (“FOT”) to Sinomart KTS Development Limited (“Sinomart”)

To assist in funding the transformation to an asset-based energy company we have established the Amity Energy Pte Ltd. whose name further embodies the underlying spirit of friendship and co-operation that have fueled Concord’s growth so far.

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