Oil and Gas Industry
The company's petroleum industry is operated by Zhenhua Petroleum Holding Co., Ltd. It is mainly engaged in petroleum industry investment, overseas oil and gas exploration and development, international petroleum trade, petroleum refining and petroleum products storage and transportation. It is one of the six members of the Overseas Resources Development Coordination Group of the National Development and Reform Commission and is a member of the Energy Cooperation Committee of the Chinese-Kazakhstan, China-CPC, China-Kosovo, China-Russia and China-Pakistan Governments. It is also one of the important teams in the implementation of the "going out" strategy. At present, six overseas oil and gas projects have been acquired, with geological reserves of 1.1 billion tons and annual operating output of more than 8 million tons; annual trade volume of crude oil and refined oil is 20 million tons, annual sales revenue exceeds 90 billion yuan; international marketing and information network has been established, and a high-quality, specialized and internationalized technical research and management team has been established.
The northern industrial oil and gas industry mainly imports and transships crude oil, fuel oil and petrochemical products, with annual trade volume exceeding 30 million tons. It has established long-term stable cooperative relations with the major oil-producing countries such as Iraq, Brazil, Venezuela and the United Arab Emirates, Shell, BP, Dodar, Sinopec, PetroChina, CNOOC, Morocco, Victoria and so on. It has strong comprehensive trade operation ability and risk control ability, and has won a good reputation in the international oil industry.
Northern industrial oil and gas production successfully entered the field of national crude oil reserves in 2011. 720,000 cubic meters of oil storage tanks were invested and constructed in Dalian Port. Close cooperation was established with major oil terminals along the coast, such as Dalian Port and Yingkou Port. The total capacity of oil storage tanks exceeded 2 million cubic meters. At present, the company has become an important member of the national energy security team.
  • Crude Oil Storage Tank Area
  • Traders analyse oil price trends
  • Cruise ship leaving port
Northern industry is the key component of the petrochemical industry chain of the Weapons Industry Group Corporation. North Industries is a shareholder in Huajin Group.
As a crude oil supplier, it works closely with Huajin Group to ensure stable supply of refineries and help reduce procurement cost optimization.
Refining oil source, increase refining profit. At present, the crude oil purchasing scale of petrochemical industry chain is 8 million tons per year, and it has oil.
Chemical industry, chemical fertilizer and road asphalt are three main business sectors.
  • Petrochemical Project
  • Chemical Fertilizer Production Line
  • Petroleum Refinery Facilities
  • Chemical Ethylene Plant
Epyptian NPIC Project Epyptian NPIC Project EBS Oilfield in lrap Iraqi Ahadib Oilfield Pakistan oil exploration block KAM Oilfield, Kazakhstan Ren'an Qiang and Shaobu Oilfields in Myanmar
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