Lpg (Liquified Petroleum Gases) Trader

November 26 2024
Industries Mining, Petroleum, Natural Gas
Categories Trading, Asset management
Saint John, NB • Full time

As an LPG (Liquified Petroleum Gases) Trader you will be responsible for all butane purchases and propylene/ propane sales for our Saint John Refinery. Your goal will be to purchase the grades of butane needed by the refinery, in line with the demand forecast & LPG Schedule, through a combination of spot and term purchases as well as optimizing propylene/ propane disposition through sales (spot and term), alkylation or refinery fuel. Your success will result in a reliable supply chain that maximizes refining economics.

What We Offer:

  • Work Environment - Work in our beautiful home office building with access to a fitness facility, onsite nurse, and a café

  • Competitive Compensation - Including an annual bonus plan, pension plan, and parking allowance

  • Flexible Benefits Plan - Including medical and dental benefits that are both in effect from day one

  • Paid Vacation - Plus an annual option to purchase additional vacation, too

  • Wellness Support - With an annual wellness allowance, paid personal care days and a 24/7 Employee & Family Assistance Program

  • Opportunity to give back to some amazing causes in our community - Choose when and where to make an impact with a paid volunteer day, company volunteer opportunities, and a donation matching program

Your Responsibilities:

  • Balance Refinery LPG inventory through trading and negotiating

  • Maximize butane blending margin and optimize Alkylation Plant economics

  • Sell Refinery propane production as required at best possible netbacks

  • Sell Refinery excess propylene production and strategize its disposition between internal consumption and external sales

  • Improve LPG economics by developing new strategic options

  • Responsible for spot trading and term business contracts

  • Identify a variety of value-added opportunities for the company by analysis of market news and data from around the world

  • Develop and monitor new relationships with customers and suppliers through a solid understanding of the value of long term customer service

  • Build customer service with IEDM and other Propane and Propylene customers through in person and on the phone contact

  • Develop basic understanding of refining and establish solid relationships with Refinery Planners and Engineers

Your Skills:

  • Strong analytical skills

  • Proven ability to maintain good working relationships with stakeholders including senior leaders

  • Strong verbal and written communication skills

  • Experience dealing with multiple priorities and deadlines / proven ability to meet hard deadlines

  • Strong attention to detail

Your Experience:

  • Post-secondary education in business, economics, finance related disciplines, engineering or equivalent experience would be an asset

  • 3-5 years experience in trading industry. Negotiating and contract experience

  • Experience in energy markets analysis

  • Prior Liquified Petroleum Gas experience and knowledge of Rail and pipelines would be an asset

Irving Oil is committed to supporting a diverse and inclusive work environment. We thrive on the good energy that's created when our people from different backgrounds, identities, cultures and experiences share their unique perspectives. Diversity is key to our success and inclusion is everyone's responsibility.​

Job Requirements - Work Experience

Trading

Job Requirements - Education

Bachelors: Business Administration
Apply now!

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