IEP is among the world’s leading independent energy trading companies, with eleven strategically positioned offices around the globe and over 50 years of trading experience.
IEP has consolidated experience in trading, operations, chartering, logistics, storage, refining, and financing, trading in excess of 40 million metric tonnes (MT) of crude oil, petroleum product, and gas in 2021.
IEP Renewables was established to diversify from Oil & Gas by investing and financing renewable projects. In alignment with IEP’s focus on decarbonized energy sources, a Carbon Trading desk was also created.
Founded in Lebanon in 1937, the Group originally started as a grain and asphalt trading company before entering the oil industry in 1963.
We continue to benefit from strong knowledge of the markets where we operate. This, combined with our logistics expertise and experienced traders, allows us to meet our clients’ needs with reliable and innovative solutions.
At IEP , we are constantly evolving in order to meet new challenges, while developing our personnel to ensure a competitive edge.
Facts and Figures
- 40 million metric tonnes of crude and petroleum products and liquid gases traded annually
- Among the largest gasoil, gasoline and bitumen traders
- Investments in storage facilities in excess of 100,000 cubic metres
- More than 400 employees worldwide
- Global presence with 11 offices located worldwide