Q4 2019
10 | Q4 2019 Best Energy Sector Investments Company 2019 All great ventures begin with equally great visions. A global conglomerate with offices in Houston, London, Rotterdam, Dubai, and Singapore, The Citax Group is centred around energising businesses, growth, and life itself. Some of the core branches of the group are dedicated to the vision of a world energised to continue pushing the limits of its unimaginable potential, focused on energy, trading, and investment ventures. The energy industry is undergoing something of a revolution at the moment, with dramatic shifts in focus toward renewables, and countries such as India and China are experiencing exponential growth on a truly massive scale. Spurring it on, and encouraging more companies to get involved with the energy revolution, Citax are at the forefront of those driving energy forward with a keen interest in how India is shaping a role as one of the world’s biggest energy consumers. Energy demand worldwide grew by 2.3% last year. This is one of the fastest growth seen this decade, but is also an exceptional performance driven by a strong global economy, as well as a stronger heating and cooling needs in some regions. Over the years, natural gas has emerged as the fuel of choice, with the biggest gains and accounting for 45% of the rise in energy consumption. Additionally, the gas demand growth was especially strong in both the United States and China. In order to help energise growth and drive forward investment into the energy industry, Citax have positioned themselves strategically as one of the world’s most innovative and best sector investment companies. By also working primarily in one of the world’s most exciting countries for energy growth and development, the firm are keen to play a small but significant role. Energy demand is growing all the time, owed largely to dramatic growth of economies, rising populations, and demographic expansion. It has been predicted that the total energy demand will have more than doubled by 2040. One country which is arguably growing quicker than most in the world today is India, with energy being a core factor in achieving further development ambitions. Citax, with their promise of energising growth throughout the country, are helping to augment existing energy supplies to meet the rising demand. One of the fastest growing countries, India is the prime location for any firm looking to gain a foothold in a developing country that could shape the future of the global economy. Especially for energy companies such as Citax, focussing on developing countries that have an expanding need for viable energy options, presents a unique opportunity to be a part of growth which will increasingly affect the economy of energy on a global scale. Now the third-largest importer of crude oil across the world, India is second only to China in terms of oil imports which will rise to a mind-boggling 7.2 million barrels per day. With a variety of initiatives to drive growth in the country, domestic manufacturing requires greater levels of energy to keep up with demand. The country boasts substantial output in terms of building materials such as steel, cement, and bricks, and the transport sector is set to add more than 250 million cars, 185 million two- and three- wheelers, and 30 million trucks and vans by 2040. This massive increase and focus on transport and infrastructure account for much of India’s demand for more oil imports. But how does the country go about securing extra investment and importation from abroad? That’s where Citax come into play. With India heavily reliant on imports from all over the world, establishing key partnerships and securing a dependably steady stream of fuel from abroad is paramount. It isn’t just foreign fuel that the country is looking at either, with untapped potential in domestic opportunities also playing a pivotal role. Citax play an important part in this, given their mission to energise growth and help secure resources for expanding economies. As well as helping to secure investment, fuel and energy from across the world, the firm also recognise the importance of augmenting existing energy supplies. That fuel can come from all over the world, with Citax working alongside high-net-worth individuals, entrepreneurs, and family offices to secure investment into the energy sector. Drawing on their leadership expertise in risk management, finances, and investment, the firm offer their investing clients support that is specifically-tailored for structured transactions. Clients are made to feel cared for, as well as though they are making a real and tangible difference to the energy sector globally in some of the most exciting developing economies. Spearheaded by CEO Srinivas Solaraj, the leadership team at Citax brings a combined industry experience of more than a century to trading and acquiring crude oil, but also trading petro products to countries all over the world, with focus on developing counties. With seasoned veterans of the energy, trading and finance sectors coming together in collaboration, the firm are planning aggressive ventures for investment into the energy sector, undergoing evaluation of oil refining and trading assets across Asia. Sourcing, supplying and trading energy products is core to the firm’s business, and thanks to intelligent global positioning, they have since become the years’ best energy sector investments company across the world. Able to access every different grade of crude oil and source barrels from most places across the world, Citax have cultivated a network of trusted trading partners and offices to deliver CIT V
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