Energy Infrastructure and Commodities

Crudex Group is…

a Canadian – Kuwaiti investment partnership that sources, develops, structures, and invests in energy infrastructure (gas power, midstream, downstream, and renewables) and commodities (energy and precious metals). 

Crudex Group, its general partnership registered as Crudex International Petroleum Products Ltd, partners with global energy majors, EPC firms, project developers, and institutional investors on major infrastructure projects and related trade contracts.

Crudex Group operates globally and focuses on LNG and renewable power projects in the Indo-Pacific region where energy demand is strong and growing. 

Origins and adapting to the future

Crudex got its start as an oil trader in Kuwait five decades ago and has adapted to market changes as the energy industry transitioned from oil and coal to cleaner natural gas and renewables. Crudex changed its focus to LNG and power generation in 2005 with the development of LNG terminals, gas power and solar projects in India.

As new energy sources, such as new nuclear technology and hydrogen become commercially viable, Crudex intends to incorporate these technologies into its portfolio.

The “X” in the company’s name is like a crossroad that reflects and emphasizes this transition.  

Environmental & Socio-Economic Impacts

Crudex Group delivers environmental, economic and social value by providing a greater supply of modern energy. Access to modern energy is essential to provide clean water, sanitation, education, and healthcare, which is crucial for people’s well-being and economic development.

Crudex Group investments will provide the following benefits:

1

Reduce deforestation by cutting use of wood & charcoal for cooking & heating through access to modern energy.
2

Reduce CO2 emissions by 50% and eliminate Particulate Matter (PM), Nitrogen Oxide (NOx) and Sulphur Dioxide (SO2) by substituting coal with natural gas power generation.
3

Support renewable implementation by providing grid firming and power peaking capacity with gas turbines.
4

Affordable alternatives to battery electricity storage for renewables through peaking power from gas turbines.
5

Employment opportunities throughout the entire project to support local business and communities.
6

Community health benefits from reduced air pollution by replacing wood, charcoal, and coal with natural gas and electricity.

Accomplishing Our Strategy

Crudex Group is accomplishing its strategy through development of Hybrid Gas – Solar power projects that provide clean modern energy to the growing Indo-Pacific market.

 

“LNG is the fastest-growing energy segment in the world.”

– Deloitte

“Indian gas market is expecting six times growth by 2030.”

– Business Standard

“India needs 11 additional LNG import terminals with an increase of 70 million tons per year.”

– LNG World News

Our Mission

To provide clean, affordable, and sustainable modern energy to meet growing demand.

Our Purpose

Improve people's health, environment, and prosperity through greater access to modern energy.

Bridging Gas Power + Renewables into the future

Liquified Natural Gas (LNG) is clean, affordable, and sustainable and is known as a Bridge to renewables. Crudex Group develop hybrid power plants that combine clean natural gas with renewable energy until cleaner technologies involving hydrogen and new nuclear become commercially viable in the future.

Crudex Group’s portfolio includes.

1

GAS to LNG

Commodity trading
2

LNG to GAS

Midstream Terminals
3

GAS to POWER

Downstream Gas Power, Renewables, & Petrochemicals

Contact Us

Crudex International Petroleum Products Ltd.
Calgary, Canada / Kuwait City, Kuwait