Gunvor
Gunvor Group Ltd is a Cypriot-domiciled multinational commodity trading company registered in Cyprus, with its main trading office in Geneva, Switzerland. Gunvor also has trading offices in Singapore, the Bahamas, and Dubai, with a network of representative offices around the globe. The company operates in the trade, transport, storage and optimization of petroleum and other energy products, as well as having investments in oil terminal and port facilities. Its operations consist of securing crude oil upstream and delivering it to market via pipelines and tankers.

The company, which was founded in 2000, is the fourth largest crude oil trader in the world after Glencore, Vitol, and Trafigura. The company was co-founded and controlled by Gennady Timchenko together with Torbjörn Törnqvist (after whose mother the company is named); however, due to United States sanctions, Timchenko sold his stake in the company to Törnqvist in March 2014.

Gunvor's largest single supplier of crude oil was once Russia, though the company now originates most of its crude oil from the Americas, with less than 13 percent coming from Russia. It also trades African, Asian, and South-American crude and is active on all continents. In 2011, Gunvor was trading less than 20% of Russia's seaborne oil.
Q161726
multinational
Concept
Q2922469
commodity trading
Concept
Q229
Cyprus
LOC
Q71
Geneva
LOC
Q39
Switzerland
LOC
Q334
Singapore
Concept
Q778
the Bahamas
LOC
Q612
Dubai
LOC
Q22656
petroleum
Concept
Q592856
oil terminal
Concept
Q22656
crude oil
Concept
Q169339
Glencore
ORG
Q687365
Vitol
ORG
Q687508
Trafigura
ORG
Q1502398
Gennady Timchenko
PER
Q2443765
Torbjörn Törnqvist
PER
Q30
United States
LOC
Q2061202
sanctions
Concept
Q665870
Gunvor
ORG
Q665870
Gunvor
ORG
Q665870
Gunvor
ORG
Q665870
Gunvor
ORG
2000-01-01T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
2000
DATE
2014-03-01T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
March 2014
DATE
2011-01-01T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
2011
DATE
+13^^http://www.w3.org/2001/XMLSchema#decimal
13
NUMBER
+20^^http://www.w3.org/2001/XMLSchema#decimal
20
NUMBER
headquarters location
founded by
director / manager
country