Anan Intl

What Anan Intl does

AnAn International Limited is a Singapore-incorporated, SGX Main Board-listed (stock code Y35) energy trading and distribution company operating across three business lines: Energy Trading, Energy Financial Services, and Investment in Energy Industry. The Energy Trading business sources and distributes crude oil, fuel oil, LPG, and petrochemicals (including paraxylene, mixed xylenes, glycol, and styrene) to national oil companies, integrated oil majors, specialized oil firms, and independent traders across Asia-Pacific, Europe, Africa, and the Americas, leveraging Singapore's position as a commodity trading hub. The Energy Financial Services business is in early development, focused on energy commodity derivatives trading with planned expansion into receivables factoring and financial leasing. The Investment in Energy Industry segment targets midstream and downstream assets — including terminals, logistics, distribution channels, and storage facilities — alongside new energy and internet-based energy projects in China.

The company's operating model is B2B enterprise field sales combined with direct trading relationships; revenue is generated via transactional fees on commodities and, where applicable, returns on midstream/downstream investments. Pricing is quote-based and not publicly disclosed. Since its 2017 rebrand from CEFC International Limited, the company has executed a multi-year European consolidation through its Dyneff SAS subsidiary, acquiring NATGAS France, ETS Rossignol, SAS Orceyre, and ABC Carburants across 2020–2021 to build a French downstream refined-products and LPG distribution platform. In 2023–2024 it extended into renewables via a photovoltaic solar panel installation subsidiary and continued to bolt on refined petroleum wholesale distribution. The company operates a public investor relations channel, files with SGX (including a Notice of Compliance requiring quarterly reporting), and maintains a stable board chaired by Mr Zang Jian Jun, with three independent directors.

Name

Anan Intl

Legal name

ANAN INTERNATIONAL LIMITED

Website

https://ananinternational.com

Company type

Public

Founded year

2004

Operating status

Operating

Headcount range

251–500 employees

Short description

AnAn International Limited is a Singapore-listed (SGX: Y35) energy trading and distribution company trading crude oil, fuel oil, LPG, and petrochemicals to national oil companies, oil majors, and independent traders across Asia-Pacific, Europe, Africa, and the Americas, with French downstream operations via Dyneff SAS and growing renewables exposure.

Ownership category

akta.pro rank

Product category

Energy Trading

NAICS

Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) (424720)

SIC

Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172), Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

NGLs & LPG Trading & Marketing (EUAGAAAE)

Keywords

• Energy trading
• Crude oil trading
• Petrochemical products
• Refined petroleum distribution
• Energy commodity derivatives

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Energy Trading: Trading of crude oil, fuel oil, LPG, petrochemical products, and chemicals. The company trades a wide range of commodities including light ends (LPG, NGLs, naphtha, gasoline), middle distillates (kerosene, diesel), heavy ends (vacuum gasoil, fuel oil, bunker fuel, asphalt), and chemical products (paraxylene, mixed xylenes, glycol, styrene).
2. Energy Financial Services: Derivatives trading of energy commodities during early development stage, with plans to expand into receivables factoring and financial leasing services.
3. Investment in Energy Industry: Investment in midstream/downstream assets including terminals, logistics, distribution channels, and storage facilities. Also exploring new energy projects in China and internet-based energy solutions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

AnAn International Limited is a Singapore-based energy trading company that engages in the international trading of crude oil, refined petroleum products (fuel oil, diesel, gasoline, kerosene, bunker fuel, asphalt), LPG, and petrochemicals/chemicals (paraxylene, mixed xylenes, glycol, styrene). The company also offers energy commodity derivatives trading and invests in midstream/downstream energy assets including terminals, logistics, storage, and renewable energy projects.

Product overview

AnAn International Limited is an energy trading company operating three interconnected business lines: (1) Energy Trading — the core business involving international trading of crude oil, refined petroleum products, and petrochemicals across Asia-Pacific, Europe, Africa, and the Americas; (2) Energy Financial Services — derivatives trading of energy commodities with planned expansion into receivables factoring and financial leasing; and (3) Investment in Energy Industry — strategic investments in midstream/downstream assets (terminals, logistics, storage) and new energy projects. The company is listed on the Singapore Exchange (stock code: Y35) and is expanding its global trading system while integrating midstream and downstream assets in the oil and gas industry.

Differentiator

Problem solved

Functional benefit

Products and services

• Energy Trading International trading of crude oil, fuel oil, LPG, naphtha, gasoline, kerosene, diesel, bunker fuel oil, asphalt, and chemical products such as paraxylene, mixed xylenes, glycol, and styrene. The company plans to expand into electricity and LNG trading. Customers include national oil companies, integrated oil majors, specialized oil firms, and independent traders.
• Energy Financial Services Energy commodity derivatives trading service, with plans to expand into receivables factoring and financial leasing services for energy commodities. Targeted at energy industry participants seeking price risk management solutions.
• Investment in Energy Industry Investment in midstream and downstream energy assets including terminals, distribution channels, logistics, and storage facilities. Also exploring new energy projects in China and internet-based energy solutions. Serves energy infrastructure investors and corporate partners seeking asset acquisition and infrastructure development opportunities.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and flagship.

• National Oil CompaniescoreStrategic or Co-development PartnerLong-term, stable business relationships with national oil companies providing stable long-term supply channels and strategic market access
• Integrated Oil CompaniescoreStrategic or Co-development PartnerStrategic partnerships with integrated oil majors providing outstanding product and service quality and extensive business network in energy markets
• Specialized Oil CompaniescoreStrategic or Co-development PartnerLong-term relationships with specialized oil firms including producers, refineries, and distributors providing diversified market coverage
• World Renowned Energy EnterprisesflagshipStrategic or Co-development PartnerStrategic partnership agreements with world-renowned enterprises providing stable long-term supply and sales channels, outstanding product and service quality, and extensive business network in China's energy market

Scale indicators3 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Mercuria Energy Trading: Independent energy and commodities trader active in crude, refined products, natural gas, and petrochemicals globally. Similar mid-size independent trader profile to AnAn with comparable product breadth.
• Vitol: World's largest independent energy trader with physical crude, refined products, LPG, and petrochemicals trading across global markets. Highly comparable business model to AnAn's core energy trading operations, but at vastly greater scale.
• Glencore: Global commodity trading and mining giant with oil and petroleum products trading alongside extensive midstream/logistics assets. Comparable integrated commodity trading business model at much larger scale.
• Gunvor Group: Independent commodity trader specializing in oil, refined products, and LPG trading with downstream infrastructure investments. Similar trading-plus-midstream model and geographic diversification strategy as AnAn.
• Trafigura: Major global commodity trader with core focus on oil, petroleum products, and metals trading plus midstream/downstream investments. Closely comparable integrated trading-plus-infrastructure business model to AnAn's stated strategy.

Emerging players

• Reliance Industries Limited: Indian conglomerate with major refining and petrochemicals operations that exports globally. Comparable trading profile in petroleum products and petrochemicals and similar pattern of vertical integration from refining into downstream and new energy.
• PTT Public Company Limited: Thai state-backed integrated energy company with petroleum trading, refining, and downstream operations across Southeast Asia. Comparable regional trader/distributor profile leveraging Asian energy hub position similar to AnAn's Singapore base.

Broad incumbents

• BP plc: Integrated oil major with significant crude and petroleum products trading operations plus downstream retail networks. Operates in overlapping markets including European downstream distribution (where AnAn's Dyneff competes).
• Shell plc: Integrated oil major with global trading of crude, refined products, and LPG, plus extensive downstream retail presence in Europe and Asia. Provides broader market context and competitive backdrop for AnAn's trading and downstream activities.
• TotalEnergies: Integrated oil major with substantial French and European downstream distribution, directly competing with AnAn's Dyneff subsidiaries in French refined product retail markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Anan Intl