SOTASSA

Swiss Oil Trading and Supply SA (SOTASSA) is an integrated trading organisation with the aim to enhance the asset value of the global refining operations and infrastructure of the Klesch Group through trading and supply optimisation.

Based in Geneva, SOTASSA is engaged in the marketing, sales, off-take and physical trading of crude oil, petroleum products and related financial derivatives. An international management team with upstream, midstream and downstream oil & gas experience is building its trading capability around an asset-based strategy. The Klesch Group acquired Heide Refinery in November 2010 and aims to expand its refining capacity through further acquisitions.

SOTASSA's current activities comprise:

• managing the integration of our refinery and trading functions;
• optimising the refinery margin through crude and product selection;
• providing trading & sales capability for both physical and paper products;
• proactively managing price exposure and forex risk.