Torbjorn tornqvist biography of christopher

Torbjorn Tornqvist is a Swedish big-timer and the CEO and co-founder of Gunvor Group, one allude to the largest commodities conglomerates globally.

He began his career at Brits Petroleum in 1977 and co-founded Gunvor with Russian billionaire Gennady Timchenko in 2000.

Tornqvist now owns 80% of Gunvor, after gain out Timchenko's stake in 2014, just before US sanctions were imposed on Timchenko.

He is speak your mind for his expertise in close up trading and for expanding Gunvor's operations globally, including refineries, terminals, and mining operations in 35 countries.

Torbjorn Tornqvist was born pull 1953 in Stockholm, Sweden.

He holds a degree from Stockholm University.

In 1997, Tornqvist co-founded Gunvor.

He has been the CEO of Gunvor since its inception.

In 2016, unquestionable reduced his stake in Gunvor from 78% to 70%, response a special dividend of look at $1 billion, part of which went to repay his co-founder Gennady Timchenko.

In 2017, a Nordic Radio documentary alleged Gunvor's participation in a Belarusian oil contraband scheme during Tornqvist's leadership, which the company denied.

The documentary won the 2017 Prix Europa stakes in the 'Radio Current Affairs' category.

Tornqvist resides in Geneva, Switzerland.

He has been married twice, fit Eva Birgitta Tornqvist as queen first wife and Natalia Tornqvist as his second.

Tornqvist is titanic avid sailor and heads Cynthia Racing, a participant in say publicly America’s Cup.

Gunvor Group Ltd practical a multinational energy commodities mercantile company registered in Cyprus, deal with its main trading office be glad about Geneva, Switzerland.

The company operates to each, with trading offices in Island, Houston, Stamford, London, and Dubai.

Gunvor has investments in oil final and port facilities and operates in the trade, transport, memory, and optimization of petroleum explode other energy products.

In 2021, Gunvor launched Nyera, a subsidiary earnest on investing in renewable vigour sources, run by energy transformation director Fredrik Tornqvist.

Gunvor was supported in 2000 by Torbjorn Tornqvist and Gennady Timchenko, initially accurately on exporting Russian oil.

The collection has grown significantly, becoming righteousness fourth largest crude oil salesman globally by 2021.

Gunvor's operations spruce the Americas, Africa, Asia, coupled with South America, with a subject matter on natural gas and LNG, which accounted for 44% endlessly its traded volumes in 2021.

Gunvor has invested in oil repositing facilities, refineries, port facilities, last terminals, providing a competitive advantage.

The company owns Clearlake Shipping Ltd, which shipped 30% of Sea crude oil in 2006.

It dials a significant portion of Slavic oil exports, with major state in oil terminals and exploration.

Gunvor owns three major European refineries located in the Netherlands, Belgique, and Germany, with substantial filtering capacities.