OVERVIEW

LPG

Liquefied petroleum gas (LPG) is the liquefied form of petroleum gases released during the extraction of crude oil and natural gas or during the refining of crude oil. LPG is a clean energy source relative to other fossil fuels and has numerous applications such as in residential and commercial heating, cooking, fuel for transportation and as a petrochemical and refinery feedstock.

LPG is also used within industrial processes and the production of fertiliser and are carried in specialist vessels of 15,000-84,000 Cbm. These vessels transport cargo in a liquid form, under pressure or in a refrigerated state on global routes such as the Middle East to Southeast Asia and the Far East.

Much of global LPG supply is from countries that are distant from consuming regions. Approximately a quarter of LPG produced is exported by sea. The Arabian Gulf is the largest hub for LPG exports, and Asia is the world’s largest importing hub for LPG.

Our company being involved mainly with gas tankers which transport LPG safely and sustainably to international market and help accelerate the world’s transition to cleaner energy sources through our maritime expertise

On every single voyage, we are required to demonstrate the full range of our experience and expertise. Our strength lies in reliable, high-quality deliveries. It is our goal to maintain a steady course towards the future, at the same time as making good use of the experience we have gained.

Aegean Petroleum's ambition is to provide customers with a low-risk and fully integrated product delivery service. By providing full LPG delivery service, including product. In this sector, trading and the shipping of the commodity are very closely linked. Our clients are frequently involved in both and expect us to provide wide-ranging capabilities.

Our product services division reflects our commitment to providing integrated, reliable LPG delivery services to both existing and new customers. In addition to LPG shipping, we aim to diversify our business offerings, innovate to capture market opportunities, and maximize value for both our customers and shareholders. We want to achieve this through excellent customer relationships, cost-efficiency, dedicated employees, by embracing new technology and by investing and divesting in a disciplined and sustainable way.