LITASCO

LITASCO SA is a Swiss limited company that serves as the international marketing and trading arm of PJSC LUKOIL, a privately owned and publicly listed fully integrated Russian oil company. Founded in 2000 and headquartered in Geneva, Switzerland, LITASCO describes itself as an international trading, shipping and marketing company, and it also operates refineries and a retail network in Europe. Its core business is the supply and trading of crude oil and petroleum products, supported by shipping, storage, refining and retail activities. The company operates through LITASCO Group, which comprises LITASCO SA and its subsidiaries in Europe and the United States. According to its own disclosures, the group conducts trading, refining, shipping and retail activities across Europe, Africa and the Americas. Over its first two decades, LITASCO established itself as a supplier of crude oil and petroleum products to clients globally, positioning itself as a major participant in the international oil trading market. LITASCO has implemented its own General Terms and Conditions (GT&Cs) for its trading operations, reflecting its role as a significant counterparty in oil markets. The group also runs a formal procurement process: it conducts open tenders for the purchase of goods, works and services needed for its business, and maintains a local regulation requiring mandatory public tenders for group purchases. Tender announcements are published in a unified tender base, with participation details provided in the invitation attached to each tender. As a member of the LUKOIL group, LITASCO is not separately listed; it is a subsidiary of PJSC LUKOIL. Its identity is closely tied to LUKOIL's international downstream and trading footprint, and its Geneva base places it within Switzerland's commodity trading hub. The company continues to present itself under the tagline "Always moving forward" and maintains a corporate website at litasco.com.

LITASCO SA was founded in 2000 with headquarters in Geneva, Switzerland, as the international trading, shipping and marketing company of PJSC LUKOIL. LUKOIL itself is described in LITASCO's own materials as a privately owned and publicly listed fully integrated oil company, and LITASCO was established to handle the group's international oil trading and related activities. Over the past two decades, LITASCO established itself as a reliable partner and supplier of crude oil and petroleum products with clients globally. Its activities expanded beyond pure trading into shipping, storage, refining and retail. At present, LITASCO Group — comprising LITASCO SA and its subsidiaries in Europe and the United States — operates across Europe, Africa and the Americas with trading, refining, shipping and retail activities. The company also operates refineries and a retail network in Europe, according to its own description. As a major participant in the oil trading market, LITASCO implemented its own General Terms and Conditions (GT&Cs) to govern its trading relationships. The group further institutionalized its procurement by conducting open tenders for goods, works and services, with a local regulation requiring mandatory public tenders for group purchases and announcements published in a unified tender base. LITASCO remains a member of the LUKOIL group and is not separately listed. Its corporate website presents the company under the tagline "Always moving forward" and carries a LUKOIL copyright notice.

• 2000

  LITASCO founded with headquarters in Geneva, Switzerland, as the international trading, shipping and marketing company of PJSC LUKOIL.

• LITASCO Group expands to operate across Europe, Africa and the Americas with trading, refining, shipping and retail activities.

• LITASCO implements its own General Terms and Conditions (GT&Cs) as a major participant in the oil trading market.

• LITASCO Group institutionalizes open tenders for procurement of goods, works and services.

International marketing and trading company of PJSC LUKOIL; a major participant in the oil trading market with its own General Terms and Conditions.

• Crude oil trading and supply

• Petroleum products trading and supply

• Refining operations in Europe

• Shipping and storage

• European retail network

1. 1LITASCO SA - LITASCOlitasco.com
2. 2LITASCO SA - General Informationlitasco.com
3. 3LITASCO SA - Tenderslitasco.com
4. 4LITASCO - Wikidatawikidata.org