With China's domestic policy changes, the qualification and quota of the private enterprises and refineries importing overseas crude oil have become less restrictive gradually, making the private refineries have an opportunity to use more high-quality overseas crude oil as a raw material for production, which can improve the product oil yield rate, so as to substantially increase the economic benefit of refineries. In the process of transforming the policy and economic environment, the private crude oil trade is about to have a very good development space in the future. In the light of numerous international crude oil sources, large quality difference, and complex actual transaction price factors, the transaction risk exists objectively. On the basis of original heavy oil trade, CENTINCO selects the overseas petroleum companies with premium crude oil quality and good transaction honesty for cooperation in the crude oil trade, making the oil supply quantity, quality and timeliness ensured, so as to provide the users with reliable supply service in the crude oil trade.
Main Cooperative Petroleum Companies
Russian Rosneft Petroleum Company (ROSNEFT)
Mexican Pemex Petroleum Company (PEMEX)
 Oil Production Business of the Affiliated Company |
 Oilfield Well-drilling Business of the Affiliated Company |
 Crude Oil Depot |
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