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Current position: Home>  Business and Products  >  Energy  >  Oil Trade and transport Overview of | oil and gas exploration and development | oil trade and transport | Oil refining |Distribution and Retail | Warehousing Logistics        Oil trade is the traditional strengths of the Group's business. With many oil-producing countries with good government and cooperation between national oil company, formed a strong ability to obtain foreign oil resources, has a crude oil is about more than 30 million tons / year, varieties involving Saudi Arabia, Oman, Iraq, Bahrain United Arab Emirates, Yemen, Qatar, Angola, Vietnam, Syria, Indonesia and Russia and other countries of crude oil.         Sinochem Group, the world's major oil companies and related financial institutions in the oil trading and risk management to maintain long-term cooperation, and with a good reputation and business channels, technology advantages, high-quality crude oil for domestic and foreign customers and professional services, the formation of a stable, broad global sales channels.Length and spot purchases in relying on foreign crude oil to meet China's domestic market demand, the company actively to Southeast Asia, Europe and North America and other regions of the refinery for re-sale, to expand the core products and core business, focusing on the development advantages of variety, has become countries and regions less important supplier of crude oil, scale and efficiency to achieve substantial growth. Annual export agent Dalian West Pacific Petrochemical Co., Ltd. (WEPEC) of more than one million tons of high-quality products, but also in the jet fuel, naphtha, marine diesel and other light oil free agent import and self-employed business. The company operating the world's total crude oil and refined oil reached 55 million tonnes, imports and re-exports ratio is about 1:1.2.         In line with the oil trading business, the continued consolidation of Group companies with large international co-owner, as Chinese imports and re-oil customers to third countries, to provide convenient, efficient charter services, and through time charter tankers and other means to expand their own the scale of the operation of ships. Currently, the company leased and operated ships, super tankers (VLCC), the initial establishment of the professional capacity of the oil transportation services.