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Merger of the Trading and Bunker business units

Strengthen Trading activities

To take advantage of the synergies between the two activities.

To add more value to the business, exploring the best for- mulas and seeking the best opportunities to generate va- lue and the maximum integration with the business areas, by leveraging the synergies among the Company.

Supply to Cepsa refining system

Bunker projects

In 2015 we have supplied the Cepsa refining system with 34 different crudes from 17 countries and 35 different suppliers.

Launch of two new projects: mixed barges (that alternate traditional fuels and LNG) and start testing MSAR marine fuel.

Supplies under ECA regulations

We have carried out supplies of fuels that comply with the new 2015 ECA legislation (emissions area limited to certain pollutants) with a sulphur content of 0.1%.

ANNUAL AND CORPORATE RESPONSIBILITY REPORT 2015

MILESTONES 2015 CHALLENGES 2016