Tarek Hafez

BB Energy is one of the world’s leading independent energy trading companies, with twelve strategically positioned offices around the globe and over 60 years of trading experience. The Group has consolidated experience in trading, operations, chartering, logistics, storage, refining, and financing, trading in excess of 41 million MT of crude oil, petroleum products, and gas. BB Energy’s global and diversified business footprint, excellent customer relationships, market knowledge, logistical expertise, and robust business model built on three key pillars - Agility, Adaptability, Reliability – have been critical to ensure our continued success and overcome the severe dislocations in global energy and commodities markets. Addressing the global challenge of climate change is a key priority at BB Energy. We are committed to using our capabilities to progress the world’s energy transition. Through a focused acquisition and investment strategy, we have expanded our Renewable Energy business, which is dedicated to investing in renewable energy and emission reduction projects. We have made good progress since our acquisition of Solarcentury Africa in 2021. So far, we have secured over 850 MW of solar projects, which provide us access to a pipeline of 4.5 GW of solar energy and battery storage projects across Africa. In addition, our Carbon Trading Desk has secured 20 million tonnes of carbon credits, achieving a positive mark to market on each concluded trade. BB Energy Group continues to move from strength to strength thanks to its robust balance sheet, strong risk management processes and agile team. We are committed to continue supporting our customers, trade responsibly and move sustainable and cleaner energy to where it is needed most.