Helvent Holdings is a duly registered wholly Ghanaian owned Limited Liability Company (LLC) with intense focus on petroleum downstream and midstream operations globally. Incorporated in August , 2007,within the framework of the laws of the Republic of Ghana under the Companies Act 1963 (Act 179) with Incorporation Certificate number ,C0002827581 Helvent Holdings has been working through the appropriate administrative structures towards the attainment of a Bulk Distribution Oil Company status.
In efforts to meeting the requirements of the National Petroleum Authority (NPA) for the BDC Licence, we brought together our Corporate Environmental policy in line with Environmental Assessment Regulations, 1999 (L.I. 1652) and obtained Environmental Permit with from the Environmental Protection Agency (EPA) to undertake bulk importation, storage, sale (bulk distributor) and exportation of petroleum products.
We have also signed a lease agreement with Tema Oil Refinery (TOR) for a storage capacity of 50,000 Metric Tons in their facility to store our imported products and to use their facilities at the discharge point.
Helvent Holdings has also secured a trade facility from our local and foreign financial institutions for importation of our petrochemical products. we have sealed partnership agreements with other oil and gas companies in Ghana and internationally so as to strategically build large distribution channels. We have as part of our market penetration strategies a great deal of focus on transportation companies, quarries, credible mining companies, construction companies, haulage companies and other bulk end users.
Again, as a new and an emerging oil and gas company we seek to provide our clients with the most competitive prices in the market. We Helvent Holdings our hallmark is customer satisfaction through excellent and prompt service delivery.
We seek to provide all our clients with top quality products in the right quantities, quality and we work to ensure we do not experience shortages during our deliveries.
At this point.Our Products
Petroleum/Premium Motor Spirit (PMS)
Premium motor spirit (PMS) is one of the most widely used petroleum products. It is a mixture of volatile, flammable liquid hydrocarbons derived from petroleum that is used as fuel for internal combustion engines. The boiling range of motor spirit falls between -1 ℃ and 210 ℃ and has the potential to contain several hundred isomers of the various hydrocarbons. It was first produced from light naphtha batch distilled from crude oil and liquid condensate from natural gas production. Today, it is prepared by mixing various components produced by refining processes such as atmospheric distillation, polymerization, isomerization and catalytic reforming among others.
Automotive Gas Oil (AGO) - Diesel
This is any fuel suitable for burning in diesel or compression ignition engines and non-aviation gas turbines with many possible combinations of volatility, ignition quality, viscosity and other properties. Two main grades of diesel fuel are marketed: automotive gas oil and light diesel oil. The former is a 100 percent distillate fuel while the latter is a blend of distillate fuel with a small proportion of residual fuel in the ratio of 80:20. Diesel fuels originally were straight-run products obtained from distillation of crude oil. Currently, diesel fuel may also contain varying amounts of selected cracked distillates to increase the volume available.
Dual Purpose Kerosene (DPK)
Dual Purpose Kerosene (DPK), also called paraffin or paraffin oil, is a flammable pale yellow or colourless oily distillate fraction with characteristic odour intermediate in volatility between motor spirit and gas oil that distils between 150 ℃ and 300 ℃. It has a flash point of about 45 ℃ and is suitable for use as an illuminant when burned in a wide lamp. Kerosene was first manufactured in the 1850s from coal tar, hence the name coal oil often applied to kerosene, but since 1859 kerosene has remained a distillation fraction of petroleum.
Jet Fuel
Jet Fuel is a type of aviation fuel designed for use in jet-engined aircraft.
The most common fuel is an unleaded/paraffin oil-based fuel classified as JET A-1, which is produced to an internationally standardized set of specifications. In the United States only, a version of JET A-1 known as JET A is also used.
The only other jet fuel that is commonly used in civilian aviation is called JET B. JET B is a fuel in the Naphtha-kerosene region that is used for its enhanced cold-weather performance
JET A-1
Flashpoint
38℃
Auto-ignition temperature
210℃
Freezing point
-47℃(-40℃ for JET A)
Open air burning temperatures
260-315℃ (500-599 ℉)
Maximum burning temperatures
980℃ (1796 ℉)
Density at 15 ℃ (60 ℉)
0.775-0.840 kg/L
Liquefied Petroleum Gas (LPG) - Cooking Gas
Liquefied petroleum gas (also known as LPG, LP Gas or Auto-gas) is a mixture of hydrocarbon gases. It is commonly used in the household, for example for cooking, or as fuel for heating. LPG is replacing Chlorofluorocarbons more and more, also because it is less harmful to the ozone layer. Very often, mixes of propane and butane are sold
Russian Export Blend Crude Oil (REBCO)
Russia is the world's second largest producer of crude oil and also one of the world's top oil exporters. Russian export blend crude oil (REBCO) is a medium gravity sour crude that accounts for exports of approximately 4 million barrels per day into the Atlantic Basin or to other nearby refining markets. The New York Mercantile Exchange, Inc., the world's largest energy marketplace, has developed a proposed REBCO futures contract in collaboration with Expertica Ltd. The expected benefits of a REBCO futures contract are continuous price discovery, market transparency, and financial protection against the risk of counterparty default.
Specifications:
REBCO (GOST 9965-76)
Maximum Sulfur Content 1,8% Paraffin Content 6,0%
Maximum Water & Sediment Content 1,2%
Distillation, Weight 21%
Up to 200 ℃ min 21
Up to 300 ℃ min 41
Up to 350 ℃ min 50
Maximum salts content, MG/L 100
D2 (High Speed Oil)
D2 is a refinery abbreviation for Gasoil. It is the second distillate from the crude oil, and can be used without reformers and additives. So, the first engines used D2 as fuel - before petrol cars as we know them today was invented. That is because the engine invented by a German called Diesel, requires no spark plugs. The diesel engine will ignite and combust when the pressure increases so that the heated "plug" makes it explode. Here we get the name "Diesel" - since the same principles are used in diesel engines today. However, automotive diesel that you fill has additives that the refinery will add to make the engine more efficient and also easier to start in the winter. Diesel changes "flash point" in the winter. It also has additives to absorb water that condense. If you use summer diesel in the winter, you will get better mileage, but your fuel pipes may freeze and can also burst, and the wax makes the diesel flow thicker.
Mazut
D Mazut is a heavy, low quality fuel oil, used in generating plants and similar applications. In the United States and Western Europe, mazut is blended or broken down, with the end product being diesel. Mazut-100 is a fuel oil that is manufactured to GOST specifications, for example GOST 10585-99. Mazut is almost exclusively manufactured in the Russian Federation, Kazakhstan, Azerbaijan, and Turkmenistan. The most important thing when grading this fuel is the sulphur content. Mazut 100-75 VLS and Mazut 100-99 Grade I are actually the same thing. GOST merged the old classifications of 75 and 99 into a new seven grade classification, all under 100-99. For whatever reason, many people still use the old 75 classification; particularly the Chinese. The grades are represented by these sulphuric levels:
• "Very Low Sulphur" is mazut with a sulphur content of 0.5%
• "Low Sulphur" is a mazut with a sulphur content of 0.5-1.0%
• "Normal Sulphur" is a mazut with a sulphur content of 1.0-2.0%
• "High Sulphur" is a mazut with a sulphur content of 2.0-3.5%
Our Services
Distribution of finished petroleum products to bulk end-users
In Ghana, other than the service stations and other retailer outlets, there exist another category of bulk end-users; a group we refer to as ‘corporate clients’. These include but not limited to transportation companies, quarries, credible mining companies, construction companies, haulage companies, factories and hotels.
We have special purpose-designed packages for the various corporate clients that strategically positions Helvent Holdings towards the attainment of the best oil and gas company in Ghana within a remarkable period of time.
Helvent Holdings, we see every corporate client as an individual entity, so we create specific and suitable solution strategies that impact them positively.
We have a team of great thinkers and professionals who do not believe in the template system and that will sit with the management and technical teams of every corporate entity to design good and workable facilities and procedures.
BULK IMPORTATION AND STORAGE OF FINISHED PETROLEUM PRODUCTS
Helvent Holdings is working to becoming an emerging key player in Ghana’s infant deregulated Downstream oil and gas industry. Like any other oil and gas company with a BDC license in Ghana, the primary activity of Helvent Holdings is to undertake bulk importation, storage, sale (bulk distributor) and exportation of petroleum products.
Harnessing our expertise, experience and our international co-operations, Helvent Holdings is able to purchase its petroleum products in bulk from direct end-sellers, Title Holders and Refineries thereby taking advantage of economies of scale; which in turn makes the company highly competitive in relation to pricing, quality and services.
We have signed a lease agreement with Tema Oil Refinery (TOR) for a storage capacity of 50,000 Metric Tons per month in their facility to store our imported products and to use their facilities at the discharge point.
LOCAL PURCHASE ORDER FINANCING
Through our partnership program with investment houses and top banks, we are ready and willing to finance Local Purchase Orders (LPOs) received by other small and medium size enterprises within Ghana that either do not have the funds to supply their clients or have too many LPOs than they can handle. Helvent Holdings will use their trade financing path-form to finance the entire transaction for the benefit of our client comfort.
CONTRACTS, NEGOTIATIONS & BUYING OF CRUDE OIL AND FUEL OIL
Though very many oil and gas companies have highly qualified personnel to handle most of their businesses, only few of such personnel are conversant with all the numerous markets globally and the procedures that are acceptable in each region. Due to our strong partnership programs, we are so versatile and we are able to work through contracts and negotiations. Helvent Investment Ltd is open to all companies across the globe that are interested in buying crude oil of West African origin but either are not conversant with the market situations or are frustrated with the OPEC and Off OPEC related issues especially in Nigeria.
You are invited to contact us so we can reach agreement for you to give us Power of Attorney (POA) and make us your Mandate to carry on with your contract negotiations and buying of crude oil and fuel oil.
RETAILING OF FINISHED PETROLEUM PRODUCTS NATION WIDE
Helvent Investment ltd has a partnership agreement with Oil Marketing Company (OMC) in Ghana. This agreement is to enable us brand service/filling stations in the name and selling our products at the very outlets, while we share profit margins with oil marketing company (OMC) We have started acquiring semi-completed filling stations belonging to individuals mostly in the southern half of Ghana for the first phase. We will complete them and start selling petroleum products mainly PMS/Gasoline and AGO/Gasoil at the various locations.
This is our strategy of creating our own retailing outlets. It is also in line with our midterm plans to acquire our OMC license.
SHIP-TO-SHIP (STS) TRANSFERS
Helvent Holdings in collaboration with its international trading partners work to be bringing finished petroleum products in enormous quantities on large vessels to Togo Triangle, around Tema and Lagos outside bars for oil trading companies to purchase via a process called Ship-To-Ship transfers (STS)It is an operation whereby the transfer of cargo between seagoing vessels/ships positioned alongside each other is carried out. The discharging vessel is known as STBL (Ship to be lightered). It is also called Mother vessel while the receiving vessel is called the Daughter Vessel. One vessel acts as the terminal leaving the second one to moor. Under this arrangement, our buyers will have to charter vessels that can convey their required quantities to move to the location of our mother vessel for the ship-to-ship (STS) transfer to take place.
Helvent Holdings STS is a great opportunity for oil traders within the West African sub-region as it reduces the cost of shipment to the buyer’s designated port considering the reduced distances. It also makes it possible for the buyers to get the products at their discharge points faster compared to going to Amsterdam or Dubai.
Exportation of finished petroleum products to neighboring Burkina Faso and Mali
Considering the fact that Burkina-Faso and Mali are land-locked countries and are dependent mostly on Ghana for their finished petroleum products, we leverage on that as a great business opportunity. We are open to deals from petroleum merchants from Burkina-Faso and Mali so as to export part of our products to these destinations using trucks. We also are able to solidify arrangements with oil and gas companies in these neighboring countries so that Helvent Holdings can import and store the finished petroleum products to Ghana purposely for them.
Under this arrangement, the companies can arrange their own means for transporting the products to their destinations in line with the NPA regulations. They can however make use of our petroleum haulage services and pay for the charter. If you are a petroleum trader in Burkina Faso and Mali and you are looking for a reliable, cost-efficient and effective source for your finished petroleum products, please do not hesitate to contact us.
BULK DISTRIBUTION OF FINISHED PETROLEUM PRODUCTS TO OTHER BDCS
It is self-evident that over 80% of the oil companies licensed as Bulk oil Distribution Companies (BDCs) in Ghana are not able to import the finished petroleum products to the country at this point due to one reason or the other. Looking at the requirements and the cost for the BDC license, these companies would not give up their licenses. They therefore negotiate and buy in bulk from the few BDCs that import the products. Helvent Holdings therefore is able to go to the negotiation table with other BDCs to design special packages for them. We understand they will need to resell the products to OMCs and so we supply to them at very great prices with amazing terms.
BULK DISTRIBUTION OF FINISHED PETROLEUM PRODUCTS TO OMCS
At the inception of the deregulation in the petroleum downstream sector in Ghana, a number of oil companies had been classified as Oil Marketing Companies (OMCs). These are the companies that were licensed to carry out retailing of the petroleum products the BDCs import into the country. The OMCs run all the service stations, filling stations and dealers outlets nationwide, either directly or indirectly. The OMCs do not however import the products and so will have to purchase in bulk from the BDCs. As every OMC is allowed to fix its own prices, competitiveness is a key factor in succeeding as and oil marketing company. In Helvent Holdings, we believe in quick returns rather than large profit margins and so we supply credible OMCs at very competitive prices that can translate into them also becoming competitive in terms of their pump prices.
PETROLEUM HAULAGE (TANK TRUCKS SERVICES)
Helvent Holdings is working on getting together tank trucks to facilitate our internal distribution of petroleum products to OMCs and other bulk end-users as well as our external supplies to Burkina Faso and Mali. As part of our plans to grow while carrying along other people in the society, Helvent Holdings encourages individuals to buy tank trucks and submit them to us as special form of investment. These trucks will make our distribution process easier while we put money in the pockets of the original owners.When we have a great deal of petroleum trucks, we equally hope to win revolving contracts from entities like Bulk Oil Storage and Transportation (BOST) to transport petroleum products from Tema to other BOST depots in Kumasi and the rest in the northern half of Ghana.
Bulk Supply of Finished Petroleum Products on Credit Facility Basis up to a period of 90 -120 days to BDCs in Ghana and oil trading companies within the West African sub-region
Helvent Holdings its international petroleum trading activities are conducted through its main office at Tema , Ghana and through its collaborating branch offices and partner offices in Ghana, Nigeria, The United Kingdom and The United States of American , Dubai , Hong Kong , We are able to offer Credit Terms and Deferred LC Terms to oil companies in Ghana and other acceptable countries within the West African sub-region for periods up to a maximum of 90 -120 days from the date of Bill of Lading. For more information about our international credit terms please contact us.through energy@helventinvestment.com or 00233-303965626
P. O. Box SK 934 Sakumono-Estate, Tema - Ghana
| +233 - 30 - 396 - 5626 / +233 - 24 - 208 - 8444 / +233 - 26 - 553 – 3181
| www.helventholdings.com / info@helventholdings.com
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