Our History

1998

Concord Energy Established in Singapore.
Today, Concord Energy Group is a multi-billion dollar organization that is constantly developing new aspects of its business as it evolves into an integrated, asset-based energy company.

September
2007

Acquired two floor memberships in DME and two class B shares in DME Floorco Limited

2008

• Acquired 100% equity interest in Petrocoal Pte Ltd and Lightmax Marine Ltd
• Acquired 16% equity interest in Oil Quest Holdings Limited

November
2009

Obtained land to build a 1.2 million m3 oil storage terminal in Fujairah, UAE

December
2009

Acquired 25% equity interest in PT Tauruna Bina Sarana (Indonesian Storage Terminal)

2011

Signed binding agreement with a co‐ strategic investor to acquire a Malaysian Downstream Business

2012

Signed Joint Venture agreement with Sinopec for the Fujairah Oil Terminal

2013

Entered into a JV agreement with Cool Planet US to roll out its biofuels technology in Asia Pacific

2015

Commissioning of Fujairah Oil Terminal

2018

Milarepa Holdings signed an agreement to become a substantial shareholder of Concord Energy Group

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