Managing
strategic oil reserves
Shareholders
Shareholders representing the main players in the oil industry
Shareholders belong to the oil industry stakeholders because SAGESS shareholders must market oil products and be approved by the customs office. The following list of shareholders includes major oil companies, large retailers and independent operators:
- ARMORINE S.A.
- BOLLORE ENERGY
- BOUDOUARD PERE ET FILS
- BOUSSAGOL FranΓ§ois
- BP FRANCE
- CARFUEL
- COMPAGNIE INDUSTRIELLE MARITIME - CIM
- CPA
- DISTRIDYN
- DYNEFF
- EG RETAIL (FRANCE) S.A.S.
- ENILIVE FRANCE
- ETABLISSEMENTS LAGARDE
- F3C ENERGY HAUTE SAONE
- F3C SAS
- FIOUL.COM
- K9 ENERGY
- KLINZING FRERES ET CIE
- KUWAIT PETROLEUM AVIATION FRANCE S.A.S.
- LES COMBUSTIBLES DE NORMANDIE
- MALNATI ENERGY
- MERIDIONALE DE CARBURANTS ET DE COMBUSTIBLES
- NAPHTEX
- NORTH ATLANTIC ENERGIES
- PETROGARDE
- PETROPLUS MARKETING FRANCE
- PICOTY S.A.S.
- POITOU CARBURANTS
- ROSSI CARBURANTS
- ROSSI DISTRIBUTION
- RUBIS ENERGIE
- SAS CHAYS ERIC
- SAS F3C ENEGY
- SCA PETROLE ET DERIVES
- SHELL FRANCE
- SNC AUCHAN ENERGIES
- SOCIETE D'IMPORTATION LECLERC - SIPLEC
- STEDIS
- THEVENIN & DUCROT DISTRIBUTION
- TOTALENERGIES MARKETING FRANCE
- URBAINE DES PETROLES - UDP
- VARO ENERGY FRANCE
- WOREX
- ZELLER ENERGIES
A stable shareholder structure
98% of the French strategic reserves obligations is provided by SAGESS shareholders. A strong feature of the company is the stability of its shareholding. Capital allocation is adjusted each year based on the consumption of oil products carried from the preceding year by each shareholder. This annual adjustment mechanism, linked to changes in consumption figures, guarantees the stability of SAGESS shareholders. Furthermore, any transfer of shares requires formal approval by the responsible ministries. As with any public company, SAGESS offers its shareholders deep knowledge in order to fulfill its mission as well as the opportunity to exercise their voting rights at each shareholder meeting.
