Global Diesel market is ~$110B at the end of 2024 and is expected to grow ~$1.64T by 2033.
GTCS target market EU imports 200 mil MT to 300 Mil MT EN590 and D6 amounting to ~$20B to ~$30B.
GTCS aims to obtain at least 20% of US & EU market with combined trade of ~400 mil MT to ~500 mil MT amounting to ~$40B to ~$60B.
The EN590 diesel market is likely to remain dynamic with Platts staying above $700. Buoyed by supply constraints and ongoing geopolitical concerns, buyers are likely to remain proactive in securing their fuel needs at competitive and/or higher prices.
| BUYER | QTY IN MT | PRICE | PIPELINE AMT | GTCS COMMISSION | SELLER | ICPO DATE |
|---|---|---|---|---|---|---|
| CRESLEN - TEXAS USA | 200,000.00 | $620 | $124,000,000.00 | $20/MT = $4 Million | APEX ALLIANCE ENERGY - DENMARK | MAY 9 2026 |
| DENISA PRECIOUS METALS TRADING LLC - FZ - UAE | 200,000.00 | $850 | $170,000,000.00 | $25/MT = $5 Million | GULF SEA PETROLEUM - BAHRAIN | JUNE 3 2026 |
| ADMIRAL TRADING - SWITZERLAND | 100,000.00 | $865 | $86,500,000.00 | $25/MT = $5 Million | GULF SEA PETROLEUM - BAHRAIN | JUNE 4 2026 |
| CRESLEN - TEXAS USA | 200,000.00 | $850 | $170,000,000.00 | $25/MT = $5 Million | GULF SEA PETROLEUM - BAHRAIN | JUNE 4 2026 |
| CRESLEN - TEXAS USA | 200,000.00 | $850 | $170,000,000.00 | $25/MT = $5 Million | GULF SEA PETROLEUM - BAHRAIN | JUNE 4 2026 |
| Pipeline Total Value: | $720,500,000.00 | |||||
| Buyer | Seller / Refinery | Product | Quantity | Deal Structure | Port |
|---|---|---|---|---|---|
| Agroworld | TOO BANS-MUNAY | EN590 10ppm ULSD Diesel |
100K MT |
FOB
Spot
|
Fujairah |
| Global Aviation | Faisal Marine Services Ltd |
EN590 10ppm ULSD Diesel |
1 Mil MT |
FOB
Spot
|
Fujairah |
| Global Aviation | Faisal Marine Services Ltd |
EN590 10ppm ULSD Diesel |
1 Mil MT |
FOB
Spot
|
Rotterdam |
| Niche Emirates General Trading LLC |
Teza Investment & Commodities |
EN590 10ppm ULSD Diesel |
100K MT |
FOB
Spot
|
Fujairah |
| HPCL | Crude Oil | LOI Stage | |||
| IOCL | Crude Oil | LOI Stage | |||
| Buyer Alignment |
Seller / Refinery Alignment |
Product | GTCS Role |
Deal Structure | Port |
|---|---|---|---|---|---|
| Agroworld | TOO BANS-MUNAY |
EN590 10ppm ULSD Diesel |
Buyer’s Rep. |
FOB Spot | Fujairah |
| Global Aviation |
Faisal Marine Services Ltd |
EN590 10ppm ULSD Diesel |
Buyer’s Rep. |
FOB Spot | Fujairah & Rotterdam |
|
Niche Emirates General Trading LLC |
Teza Investment & Commodities |
EN590 10ppm ULSD Diesel |
Buyer’s Rep. |
FOB Spot | Fujairah |
| HPCL | Crude Oil |
Buyer’s Rep. |
LOI Stage | ||
| IOCL | Crude Oil |
Buyer’s Rep. |
LOI Stage | ||
The Management Board of «PETROMIDIA REFINERY» (a leading prime mover in Energy, Petroleum and Agrochemical sector in Romania) ,hereby officially irrevocable declare and attest under all legal and constitutional penalty and perjury that Mr. SAROJ KUMAR DAS (MANAGING DIRECTOR) with Passport NO: A14284049 of GALLEON TRADING AND CONSULTANCY SERVICES L.L.C-FZ" is duly appointed our official Mandate, Representative with our corporate power and constitutional authority to negotiate, off er, to speak and represent our corporate interest to co-sign Contracts when authorized, for and on our behalf with the full knowledge and consent of the Management Board of «PETROMIDIA REFINERY
