SINOCHEM International Oil Co. established on May 21st, 1988, is a whole-owned company of SINOCHEM, and its major business emphasizes on import & export of crude oil and oil products. It’s also the professional company of SINOCHEM that deals in oil trade in China.

Managerial character of SINOCHEM International Oil Co. focus on internationalization strategy, and International Petroleum Company takes pride of its global brand and competitiveness.

SINOCHEM International Oil Co. mainly deals in crude & oil products trading and distribution, covering crude, fuel oil, petrol, diesel oil, aviation kerosene, liquefied natural gas; also adopt a variety of tactics of business including import & export, entrepot and processing trade, paper goods, domestic trade distribution.

Crude business includes export agency for domestic refineries and entrepot for domestic products. Today, the company takes control of overseas long-run resources of 20 million tons around the globe, including Middle East, West Africa, Southeast Asia, South America, and its extrepot markets reach out to East Asia, Southeast Asia, the Mediterranean country, South America and North America.

Oil products business focuses on self-operation and export agency and extrepot of oil products, such as fuel oil, aviation kerosene, naphtha, etc.; also focuses on export agency of diesel oil, petrol, kerosene for Dalian West Pacific Petrochem Co., ltd, in which SINOCHEM is one of its shareholder, export of aviation kerosene and extrepot of diesel oil to North Korean on the list of government lending programs.

In future, SINOCHEM International Oil Co. will bring about sustainable competence in development in five years, by means of “Regarding domestic and abroad refineries as strongpoint, basing on facilities of logistic service, holding crude and oil products trading as core competition, taking a talented team, shrewd observation on whole situation, high efficient government in drawing out and executing a plan, overwhelming flexibility in market change as guarantee”.