TriNova’s 2026 vision: trade one million metric ton of Fuel oil

TriNova Petroleum Trading has announced its strategic vision to reach 1 million metric tons of fuel oil trading by 2026, marking a significant milestone in the company’s growth trajectory.

This vision, set by Mr. Alan Salam Gharib, Managing Director, reflects a clear commitment to scaling Trinova’s operations and establishing a consistent and reliable trading flow. On a practical level, this target translates into an average trading volume of approximately 83,000 MT per month, providing a structured benchmark for performance and growth.

The focus of this vision is on volume and consistency, rather than specific delivery structures. Whether transactions are executed on a domestic basis within Iraq, on a tank basis, or through international trade under FOB, CFR, or CIF terms, the objective remains the same: to build a steady and scalable flow of fuel oil trading activity across markets.

To achieve this, Trinova will continue strengthening its presence in the Iraqi market, optimizing inland-to-port logistics, and expanding its reach into key regional trading hubs such as the UAE, Kuwait, and Oman. The company’s established network of suppliers, traders, and end-users provides a strong foundation to support this growth.

This 2026 target is not only a volume goal—it is a strategic direction that will shape Trinova’s operational policies, trading approach, and long-term decision-making. From sourcing strategies and logistics planning to risk management and partnership development, all aspects of the business will be aligned with this objective.

By maintaining a disciplined approach and focusing on execution, Trinova aims to position itself as a consistent and competitive participant in the regional fuel oil market, with the 1 million MT target serving as a key step toward long-term expansion.