Petredec and the trading & supply of LPG (Liquified Petroleum Gas) are interlinked. It’s the product in which the company made its name, growing from a regional trading focus in North West Europe to a global operation with more than 10 million tonnes of LPG loaded every year on a fleet of over 60 Owned and Chartered LPG Vessels.
The majority of this product loads as Refrigerated LPG on VLGC’s (Very Large Gas Carriers) from the USA and Middle East and moves mainly to Latin America, the Mediterranean, Africa and Asia. True to our roots, we still trade smaller Pressurised cargoes with a strong focus on clients in the Caribbean, the Mediterranean, East Africa and South-East Asia.
From our four offices Petredec’s experienced LPG trading team of 16 multilingual traders ensures we are proximately and culturally aligned to our customers across six continents. Striving to stay ahead of the competition and proud of our best-in-class reputation for service standards, our traders are well connected to the physical, derivatives and shipping markets to ensure a 360-degree involvement in the LPG sector.
Central to our business is providing reliable logistics services to our customers, most of whom are long-term clients with long-term contracts. Furthermore, Petredec’s dedication to stimulating growth through investment has assisted our trading teams in developing sustainable market growth plans with key customers around the world.