Downstream Energy Insurance

Downstream Energy refers to the process involved in refining, processing, and distributing oil, gas, and petrochemical products to market places. This sector includes activities that occur after the production phase, such as refining crude oil into gasoline, natural gas liquids, diesel, and other energy sources. Companies in the downstream sector are responsible for bringing these usable products to end-users, including oil refineries, petroleum product distributors, petrochemical plants, natural gas distributors, and retail outlets

In the context of insurance, Downstream Energy insurance provides coverage for companies involved in these refining and distribution processes. It offers protection against physical damage, business interruption, a arising from incidents like pipeline leaks, storage tank failures, and fires or explosions at refining and processing facilities

Downstream Energy insurance is essential for companies involved in the refining, processing, and distribution of oil, gas, and petrochemical products.

These companies face unique risks such as pipeline leaks, storage tank failures, fires, explosions, and natural disasters. Downstream Energy insurance provides comprehensive coverage to protect against physical damage, business interruption, and liability claims arising from these incidents

Business interruption provides client cover for loss of profits and/or fixed costs and/or debt servicing incurred as result of a physical loss or damage they have incurred and consequently cannot operate their facility as designed.