Responsible for crude oil import and export operations of CNPC. Through hedging, financing and other approaches, operations have been improved significantly in terms of advancing trading techniques, expanding trading scale, and upgrading adaptability and supportability.
Responsible for importing and exporting refined products for CNPC refineries and actively developing businesses such as third-party processing and offshore trading. ChinaOil has raised the level of business operations and, at the same token...
Responsible for exporting petrochemical products for CNPC refineries, and meanwhile, ChinaOil have expanded the business in trading chemicals such as sulfur and ethanol which are rich in Middle East region.
In charge of overseas natural gas procurement for CNPC, so as to secure supply for domestic natural gas use. ChinaOil has participated in the trading for pipeline natural gas in regions such as Southeast Asia, and has also implemented an initiative to participate in transaction for nature gas futures.
The rapid growth of our shipping operations provided strong support to its international trading business of crude oil, refined products, petrochemicals, and natural gas.