Inteligensia Group has long term contracts with various crude oil producing & supplying
companies in Nigeria which guarantees a continuous and constant presence in the oil markets.
On the marketing side IRLL has held long term supply contracts with many buyers/refiners in
different continents. Crude oil is the world's most actively traded physical commodity. An
estimate of Ninety-one million barrels of crude oil are produced every day and still hope to
increase. The larger share is sold through long-term contracts between state oil producers and
refiners. Freely-traded crude oil is estimated at around a third of the physical market.
In the crude oil market, we use our global presence, market knowledge and logistics capabilities
to service our customers around the world. We source from private companies, production
companies, and government. We work with smaller producers that seek marketing expertise to
help distribute their crude oil production globally.
We now have well-established relationships with many national oil companies and all the major
crude oil producers and sell to buyers/refiners. In the process, our traders, operators, risk
management and finance teams provide creative solutions to overcome the pricing, logistical or
financial barriers that may stand in the way of such transactions.
Their dedication and commitment to providing solutions that benefit all parties to a transaction
creates the kind of friendly, long-lasting relationships that enable us to maximize opportunities
and work with all grades of crude oil whether new or existing production.
