Sinochem International Oil ( London) Co., Ltd. (Sinochem London),established in October 1990 and located in London - one of the largest international petroleum oil trading centres, is a wholly-owned subsidiary of SINOCHEM CORPORATION.
After more than 15 years' development, Sinochem London has become an international petroleum oil trading company, and is famous for it's profond business experience and broad business contacts.
Sinochem London mainly conducts physical and futures transaction of crude oil.Its trading volume in 2008 has about 20,000,000 tons. Sinochem London is an important purchasing arm of crude oil for chinese domestic refineries and Sinochem's joint venture refineries. It also carry out petroleum oil trading business in Middle East, African, European and Latin American markets.
Scope of business: crude oil trading and risk hedging.
Major areas of business: Middle East, West Africa, Far East, Southeast Asia, the Mediterranean area, Caribbean and South American countries.