Singapore, 2 March 2022 - Trafigura unconditionally condemns the war, the violence in Ukraine and the humanitarian crisis this is causing.
Ukraine is a country where Trafigura operates an office with a number of full-time staff. We are actively assisting our staff in Ukraine and their safety and security is our utmost priority. The Trafigura Foundation is supporting charities providing aid to refugees from Ukraine.
Trafigura does not operate any assets in Russia and we have no directors or corporate officers in any external Russian entity.
Following news of the terrible violence being inflicted, we immediately froze our investments in Russia. We are now reviewing the options in respect of our passive shareholding in Vostok Oil in which we have no operational or managerial input.
For further information, please contact:
Trafigura Press Office: +41 (0) 22 592 45 28 28 or firstname.lastname@example.org
Notes to editors
Founded in 1993, Trafigura is one of the largest physical commodities trading groups in the world. At the heart of global supply, Trafigura connects the world with the vital resources it needs. Through our Oil & Petroleum Products, Metals and Minerals, and Power and Renewables divisions, we deploy infrastructure, skills and a global network to move commodities from where they are plentiful to where they are needed most, forming strong relationships that make supply chains more efficient, secure and sustainable.
Trafigura also owns and operates a number of industrial assets including a majority share of global multi-metals producer Nyrstar and fuel storage and distribution company Puma Energy; and joint ventures Impala Terminals, a port and logistics provider, and Nala Renewables, a power and renewable energy investment and development platform. With over 1,000 shareholders, Trafigura is owned by its employees and employs over 13,000 people working in 48 countries.