 Oil Production & Trading ENXSA specialises in the upstream productions of oil in Russia and Kazakhstan. Pending Farm-Out Agreements Memorandum of Understandings (MOUs) for production in Iraq and Venezuela. The consortium of ENX also trades and brokers other producers crude oil supplies. At present, the equity crude oil from Russian assets we finance are consolidated internally in tank farms and brought to market in the Black Sea. Our other endeavours, are to arrange crude oil supplies for processing agreements and swaps of equity crudes for fuels we market. ENXSA crude oils are traded by our Geneva office. The crudes produced from the Urals in Western Siberia, are generally classified as Russian Export Blend Crude Oil (REBCO) for the exception of the crude oil originating from Eastern Siberia. The overall production levels of crude oil from Russia, has positioned itself second to Saudi Arabia. The crude oil produced in the Urals region are to be brought to market from the Black Sea at the seaports of Novorossiysk and Tuapse in Russia. Additionally, from the Black Seaports of Ukraine in Odessa, Feodosia and Yuzhnihy. REBCO compositions are primarily paraffinic and asphaltic, or a mixed base. It is high in sulphur and aromatics, referred to as an aromatic base crude with an API of 31 to 32 and sulphur ranging from .80 to 1.8. Siberian Light we trade has an API of 35.1 and sulphur of .57, it is brought to market from the port of Nahodka in far east Russia near to Vladivostok. Crude oil production from northwest Kazakhstan, in the Batys Oblast, is railed directly to Ukraine or destined to Batumi barged across the Caspian Sea then railed through the Republic of Georgia or up the Volga River and out to the Azov sea through the Kerch Strait and out to the Black Sea. The crude is brought to market as Chinkya, it generally has an API of 42 to 48 and an index range of sulphur .80, less than 1 percent. Iraq's oil production costs are among the lowest in the world. The Iraqi oil industry had been completely nationalized and the government, and has always granted particular production share agreements (PSAs) to Russian and Chinese companies. Since ENXRU has been established with strategic finance partners in Iraq, this allows us to trade crude supplies and resume upstream production with our division ENXRU in Moscow. The grades we currently bring to market are Kirkuk Baba Gurgur from the north Kurdistan area into Ceyhan in Turkey. The Kirkuk grade has an API 35.8 and sulphur index of 2.06. Venezuela was a founding member of the Organization of the Petroleum Exporting Countries (OPEC). Venezuela contains some of the largest oil and natural gas reserves in the world. It consistently ranks as one the top suppliers of U.S. oil imports and is among the top ten crude oil producers in the world.Venezuela is one of the world’s largest exporters of crude oil and the largest in the Western Hemisphere. Crude oil grades vary from the Ameriven-Hamaca with API 26 and sulphur of 1.55, BCF-17 an API 16.5 and sulphur 2.53, Boscan API 10.1 and sulphur 5.70, the Mesa-30 with an API 30 and sulphur index of .88. The areas of crude oil we are active in and the focus of ENXSA, are in the following countries:   RussiaKazakhstanIraqVenezuela |
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