The Role
Supports contracts for physical LNG, crude oil, refined products, and bio products by drafting and negotiating agreements, reviewing purchase contracts, validating ETRM trade entries, and advising trading and operations teams. Ensures trade documentation, controls, compliance, and administrative processes are completed accurately. Provides commercial and contractual guidance, mitigates risk, resolves discrepancies, and manages related analysis and projects.
Summary Generated by Built In
This role provides key support to the Contracts team and to the wider business, with specific focus on physical LNG and Crude Oil products.
Key Responsibilities
- Drafting and negotiating sale and purchase contracts in relation to physical LNG and Crude Oil derived Product / Bio Products.
- Reviewing incoming purchase contracts and responding to them in a timely manner.
- Validate trade entries and work closely with trading teams to ensure the accuracy of the Energy Trading and Risk Management (ETRM) system, to ensure timely trade confirmation and resolution of any discrepancies.
- Providing basic contractual support and advice to traders, operators and other internal stakeholders in relation to contractual queries and any operational problems that may potentially arise.
- Providing pre and post deal commercial advice to traders, operators and relevant internal departments as necessary, ensuring optimum terms and conditions are negotiated and risks mitigated.
- Understand the associated compliance issues and critical controls affecting relevant trades and reporting potential problems to the relevant internal departments, as necessary.
- Assuming responsibility for controlling all relevant administration relating to trades which fall within given remit, including preparation of outward and review of inward contracts, as well as ensuring compliance by traders with all control requirements relating to deal entry and authorisation of trade documentation.
Skills, Knowledge and Expertise
- Strong educational background and/or directly relevant work experience.
- Good understanding of the energy trading industry and solid contractual background focused in physical commodity trading.
- Detailed knowledge of LNG and/or Refined Products trading is a prerequisite.
- Solid knowledge of contractual trading agreements, General Terms and Conditions, complex contractual arrangements (including LNG MSPAs), storage agreements etc advantageous.
- Excellent interpersonal and communication skills (verbal and written).
- Pro-active, self-motivated team player that builds strong relationships.
- Strong analytical skills with meticulous attention to detail.
- Be diligent and dedicated to manage ad-hoc analysis and projects in a timely manner.
- Teamwork Skills – ability to work with others to accomplish group goals and implement process changes. Demonstrated teamwork inside and outside immediate area of responsibility.
- Communication Skills – initiates communications within the team to learn and share knowledge and follows up to ensure message is received. Ability to communicate well with front, mid and back office personnel as well as Senior levels of management. Listens attentively, seeks to understand others viewpoints, and tests for understanding.
- Organization Skills – ability to prioritize multiple tasks to meet deadlines in a fast-paced environment.
Benefits
This role offers a competitive salary (commensurate with experience), plus a comprehensive benefits package, including Private Medical, Dental and Travel Insurance cover, Life Assurance, Annual Gym Allowance, Contributory Pension Scheme, 25 days annual leave, Discretionary Bonus, and more. This is a full-time position, with the successful candidate being required to attend the London office 4 days per week.
About
Petroineos Trading Limited comprises trading and refining joint ventures between PetroChina International (London) Company Limited and INEOS. Established in 2011, Petroineos is one of Europe’s leading International Integrated Energy Trading Companies. Our highly experienced teams trade a comprehensive range of energy products, supported by a network of professional teams across the globe, enabling our customers to benefit from our ability to leverage our shareholders’ global network. Trading is carried out by three divisions: Crude, Refined Products, and Low Carbon Solutions.To discover more about the company, click here.
Skills Required
- Strong educational background and/or directly relevant work experience
- Good understanding of the energy trading industry
- Solid contractual background focused on physical commodity trading
- Detailed knowledge of LNG and/or refined products trading
- Excellent verbal and written interpersonal and communication skills
- Strong analytical skills and meticulous attention to detail
- Ability to manage ad hoc analysis and projects in a timely manner
- Ability to work collaboratively and implement process changes
- Ability to communicate effectively with front, mid, and back office personnel and senior management
- Ability to prioritize multiple tasks and meet deadlines in a fast-paced environment
- Knowledge of contractual trading agreements and General Terms and Conditions
- Knowledge of complex contractual arrangements, including LNG MSPAs and storage agreements
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The Company
What We Do
Petroineos is a joint venture between PetroChina International London and INEOS Group, established in 2011. It operates as an integrated refining and energy trading company, processing crude oil and trading a comprehensive range of energy products globally. The company focuses on quality, safety, and sustainability, with key assets including refineries and distribution terminals that support its trading and refining activities across European and African markets.
