Aramco Trading to open London office in overseas expansion - sources | Reuters:
Saudi Aramco’s trading arm plans to open an office in London soon as it expands its international business, sources familiar with the move said.
Aramco Trading Co (ATC) also opened an office in the bunkering hub of Fujairah, United Arab Emirates in December to trade oil products and hired two traders from Trafigura and PetroChina to run operations there, the sources said.
“Last June, a trading office was inaugurated in Singapore, and last December (another) in Fujairah and very soon in London, just like any trading house,” one of the sources said.
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