International Petroleum Trading operates in four main areas of activity: oil trading, oilfield (rig) services, exploration and production and oil distribution.
Accordingly, IPT aims,
To create an optimum investment portfolio for exploration and oilfield services,
To become a more effective oilfield service company within our region,
To become an effective player in international oil and oil products trade,
To enter and improve its contractor services (pipelines, surface facilities and refinery activities), and To increase the operational and organisational performance.
We continue our attempts to increase our exploration activities in the countries such as Iraq, Syria, Libya, Sudan,Iran, Yemen, Russia, Azerbaijan, Turkmenistan, Uzbekistan, Kazakhstan, Colombia, Venezuela, Bolivia, and Ecuador primarily where a large portion of oil reserves of the world are retained by them. From this viewpoint, the important steps have also been taken on making agreements primarily to transport of Iraqi oil to the Mediterranean Sea, and to construct a system to convey and to store LNG Natural Gas and Oil Products.