About

Horizon Petroleum Limited (HPL) was established and registered in August 2004 as a private company owned by a group of professionals. HPL is incorporated in Labuan under the offshore companies act, 1990 with registered capital 1.5 million USD.

The main areas of activity are trading in crude oil, condensate, petroleum products, specialties (such as bitumen, base oil) and also some petrochemical products. We also invest in shipping business related to our trading activity. Our trading area is SE Asia, China, The Philippines, Taiwan, Korea, Japan, Bangladesh, India, Australia and New Zealand.

Our trading team has been in the market for many years. We have benefited from the extensive experience of its founding shareholders in the petroleum business. The trading and management talent of these shareholders has extended and broadened the company’s capability. We act as principal in most trading activities but always with a customer-service focus intended to add value to our clients’ businesses. HPL’s success would be the result of its long-term relationship with its suppliers, tanker owners, customers and trading alliances.

The group’s barrels turnover in year 2015 was more than 7,000,000 barrels or more than USD 380 Million trading value covers cargo size range from 1,000 to 32,000 metric tons.

Products

The main areas of activity are trading in crude oil, condensate, petroleum products, specialties (such as bitumen, base oil) and also some petrochemical products.

Trading Area

Our trading area is SE Asia, China, The Philippines, Taiwan, Korea, Japan, Bangladesh, India, Australia and New Zealand.

Strategy

Searching and acquiring of top quality of petroleum products from refineries in the region to supply to the customers and provide tailor-made package to suit each customers.

Our global trading counterparts

Corporate Strategy

Searching and acquiring of top quality of petroleum products from refineries in the region to supply to the customers and provide tailor-made package to suit each customers. Maintain good relationship with all suppliers and customers at all time. Strengthen our customers’ trading capability in term of logistic improvement and knowledge. Create “productive and effective” staffs with good business ethic.




Trading/Financing Facilities

Currently, we have very good support from 3 leading banks in Singapore, BNP Paribas, United Overseas Bank (UOB) and ING Bank. Beside those bankers, HPL also has fully supports from our other strategic trading alliances for trading and financing.