Nexen Marketing transfers to Trafigura

Trafigura Canada General Partnership has signed an agreement with Nexen Marketing to transfer its third-party lease business in Canada to Trafigura.

 

Trafigura has served Canadian producers from its Calgary based operations for the past 10 years. “We have a proven track record of providing Canadian crude oil producers with competitive pricing and high levels of operational expertise and technical support, backed by our strong balance sheet,” said Iain Singer, head of Trafigura Canada. “Today’s announcement positions Trafigura as one of the largest third party crude aggregators in Western Canada, and further emphasises our long-term commitment of growth in the region.”