About Budget Petroleum
- MUTUALLY PROFITABLE DEALS -Budget Petroleum Trading LLC is led by a veteran team of professionals with a proven track record in the Oil & Gas Industry and selected other commodities.
Budget Petroleum Trading LLC is a company founded in 2015, and one of the few fortunate companies blessed by the office of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Budget Petroleum emerged in response to the global energy challenges encountered in the Free Trade market after its President & CEO left his political career and decided to move to the UAE in 2014. Budget Petroleum delivers crude and refined products to various markets around the globe, with state-of-the-art logistical capabilities. This is only part of the story, as our veteran lead team possesses a far-reaching network of clients and suppliers. Our multi-national, highly skilled professionals, most whom are entrepreneurs, former government officials and industry leaders, provides a credible and seamless business chain to complete each transaction.
Budget Petroleum trades most types of Hydrocarbons:
- Crude Oil
- Gasoline
- Fuel Oil
- Gas Oil
- Naphtha
- Condensate
- LPG
We engage in long term supply or off take agreements with various counterparts in the industry to fulfil our trading milestones. We understand that commodity prices can be extremely volatile, therefore having deep connections throughout the world with our dedicated international team is essential. We work with companies long term to build strong relationships, such as the largest commodity banks in the world that have supported our growth since inception.
Mission Statement
To be a dynamic, multinational firm moving energy efficiently, which serves value and integrity to our stakeholders.
To define our leadership role in the Arabian Gulf region energy trading, providing the energy of the region to the world markets.
We strive for excellence and continuous improvement in our operations and services.
Philosophy
The underlying philosophy of Budget Petroleum Trading LLC is physical fuel trading to realize the commercial potential of assets in markets where we have comprehensive understanding. We are a diversified, multi-national company and we leverage the diversity of our team to achieve our goals of excellence in all that we do. We understand that our employees seek challenging work and to contribute to the organization while achieving balance in their personal lives.
Key Features
The most important feature of Budget Petroleum is the quality and the character of the men and women who comprise our organization. We are very cognizant of the fact that the successes we enjoy today is a function of those who went before us, but we also believe strongly that a healthy and expanding organization should always have more dreams than memories. We work together, uniting our efforts and knowledge; we rightfully challenge what gets in the way, and we focus on doing good business with good people.
