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About North Axis

An independent commodity trading company built on quality, reliability and customer support.

Who we are

North Axis FZCO is a rapidly growing independent commodity trading company operating across the complete spectrum of petroleum products and their derivatives, providing logistics services from storing and blending to delivering petroleum products. The company was formed to develop a comprehensive and highly competitive distribution network within the MENA region.

The founding partners’ extensive experience in the industry, comprehensive knowledge of market dynamics and familiarity with MENA countries commit them to working with only the best market links. North Axis operates from its offices in Dubai, UAE, supported by representatives in key trading hubs and a young, dynamic team ready to serve customers around the clock.

Our success has been achieved by working closely with local entrepreneurs, business communities, financial organisations and government bodies to help create an environment where competitiveness can thrive.

Quality of products, reliability of supply and customer support are the company’s operating principles.

Why choose North Axis

A trading partner defined by its promises, its people and the reach of its network.

Committed as promised

In line with our mission, we continuously strive to keep the promises we have made to clients and suppliers, building a strong reputation for reliability.

Work ethic

A powerful and effective work ethic has brought remarkable success to North Axis. Integrity and persistence help us make precise decisions.

Large coverage area

We operate successfully in the Gulf, East Africa, South East Asia and China, and are determined to extend our activities further across the globe.

Diversity of solutions

Supporting our long-term goal to become one of the largest, most reliable and trusted counterparts for storage, blending and delivery of oil products.

Diversity of products

We provide a wide range of products, including:

Managing risk with discipline

In global business, early and immature action on commitments may expose the business to risk. We identify possible risks and measure our risk appetite, which supports sustainable service for our customers, today and in the future.

Market risk

Market risk results from fluctuations in commodity prices and is the main challenge for commodity trading companies. We mitigate it by hedging trading cargoes. For large-volume orders we buy and sell cargo within the same pricing period on a back-to-back basis, and where trades are not back-to-back we hedge through futures or swap contracts.

Credit risk

Credit risk arises when a counterparty fails to pay under a financial contract. We screen potential customers of any size, scoring financial health from historical financial information or qualitative factors such as company size, and diversify our customer base to reduce exposure.

Compliance and reputational risk

Our agents and employees are well trained to provide transparency and carry out the required screening on all trades. Swift compliance action keeps us aligned with government laws and regulations and protects the reputation of our brand.

Partnering with us

Our management has always emphasised independence and flexibility, which guarantees a highly customised and efficient service. Strong technical and commercial expertise allows tailor-made trading solutions across markets, currencies and organisational structures.

Our clients and counterparties range from major international oil companies and government entities to smaller independent producers, refiners and energy traders. We act as partner or agent, adviser and facilitator before, during and after delivery.