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Oil and Gas

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Our Oil and Gas division has 2 major activities; 


1. Onshore- Petroleum Refining (150,000 barrels/d) / Export of Petroleum Refined Products 


2. Physical Trading of Crude Oil, Refined Petroleum Products and Liquified Natural Gas (LNG)  

Through both Falak Trading & Contracting and Coastal Petroleum FZE (Sharjah UAE) Our PhysicalCommodities Trading Arm is an emerging -large crude & refined traders. We offtake crude oil from producers of all sizes and manage its trading, storing, financing and supply to counterparties and clients. Our physical availability continues to expand and diversify, and Coastal arms to consistently trade more than a million barrels a day, and has access to more than 10 million barrels of strategically located storage capacities world wide.
We further have crude oil trading specialists associates in offices around the globe. They have first- hand knowledge and expertise in the markets, maintain long-term relationships with key market participants—producers, refiners, logistics companies and storage experts—and are actively involved in developing projects related to existing and new crude & refined oil flows.

Effectively manages market risk
Maintains long-term relationships in key global markets
Possesses expertise in identifying physical dislocations in the market Has extensive logistics capabilities
Produces in-house market intelligence and analysis
Has ownership of key physical assets that complement trading Possesses the ability to structure or pre-finance deals

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  • Coastal Oil Refinery Ghana Ltd.  a new refinery plant at Aketenkye, Ahanta West, Western Region of Ghana (300km west from Accra) with a capacity of 150,000 BPSD  which will produce a wide range of products to have the highest gross margin per barrel. The refined products will be exported to adjacent West African countries such as Burkina Faso, Mali, Niger and Chad, etc.

  •  Feed crude oil  supplied from Saudi Arabia, Iraq, Nigeria or Ghana. T In the meantime, the feed stock properties from Nigerian Bonny Light (API degree: 35.1) and Saudi Arabian Heavy Crude (API degree: 27.4) . 

  • Refinery Location: located at Aketenkye, Ahanta West, Western Region of Ghana (300km west from Accra). The land (1,104.80 acres or 447.10 ha) which is owned by our shareholders


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