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Making sure that supply meets demand in the marketplace for petroleum products is Galana’s original business. Its traders “make the connection” between the oil field production from the Middle East and the growing needs of countries bordering the western region of the Indian Ocean.
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Oil trading professionals – with expertise in hedging and financial derivatives – deploy their talents to allow Galana to weave an ever-expanding web of loyal customers. This “niche” trading business involves more than two million metric tons of crude oil and finished products per year.
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In this highly competitive marketplace, Galana has been consolidating its position by developing shipping as an additional business activity, chartering the tankers that supply demand centers. This business creates value for Galana as well as for its customers, who benefit from the attractive shipping rates such integration allows.
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