VTL has long term contracts and established relationships with numerous crude oil trading companies around the world. Among others, crude oil and products origins include Nigeria and other producing countries. We trade in crude and finished products while we market our crude oil petroleum products world wide. Our sourcing is also based on offtake agreements which we have in place with various refiners. Our extensive expertise and our flexible financial conditions enable us to provide a variety of transactional structures providing valuable solutions to our clients. In the process, our traders, operators, risk management and finance teams provide creative solutions to overcome the pricing, logistical, and financial barriers that may stand in the way of such transactions.

Their dedication and commitment to providing solutions that benefit all parties to a transaction creates the long-lasting relationships that enable us to maximize opportunities. While the essence of our trading is sourcing shipping and marketing, we have evolved in numerous ways to assist our counterparties and meet their most specific requirements. We are regularly involved in consignment stock transactions enabling us to grant our counterparties maximum flexibility. Our lean structure helps us to make rapid decisions in today’s fast evolving world.

Shipping & Transportation

VTL is proud of its worldwide relationships which enables it to move oil almost anywhere around the globe. We regularly charter vessels of all sizes to transport our cargoes, such as Suezmaxes, Aframaxes and Panamaxes. Cargoes are only insured with first class insurance companies granting us and our receivers the security they are looking for. Chartering is done spot as well as on a contract for affreightment basis. Time charters are also regularly used to hire vessels. Our dedicated staff ensures that all is done with utmost professionality and dedication. Our logistics team operates seamlessly with our trading desks to manage freight exposures and to add safety and efficiency to our physical transactions.


Oil storage, for cocktail of products, is regularly used as a trading tool by our company. Oil storage facilities are made available to the trading desks through long term agreements high volume oil trading companies.

VTL currently holds significant storage capacity in Nigeria which is strategically placed to take advantage of flows from the West African region.

Engineering & Construction

Industries we serve

  • Oil and Gas Production
  • Petroleum Refineries
  • Fuel Storage, Loading and Transportation
  • Power Generation and Energy
  • Chemical and Petrochemical Plants
  • Water and Waste Water Treatment Plants
  • Full Scale Pipeline and Fluid Transmission Systems
  • Marine, Ports and Railways

Risk Management

VTL operates in all risk management tools, including the futures market, over the counter (OTC) swaps and a range of other derivatives. We bring high standards of risk management and operational excellence to our customers while maintaining sophisticated risk management systems, processes and controls.

Financial, operational and market risks are an integral element of commodities trading and physical supply. They cannot be wholly avoided, but can be planned for and managed. We take a comprehensive approach to hedging and marketing to help our clients achieve their goals and objectives

Other Services

  • Engineering Procurement
  • General Engineering Procurement, maintenance/Calibration
  • Equipment Overhaul
  • Tank Refurbishment, Rehabilitation & Construction
  • EPC Pipeline Construction
  • Plant refurbishment and Construction
  • Installation of New Equipment and facilities
  • Commissioning and Training
  • Project Supervision and Management