What does long-linked oil bring?

Date: 2017-09-16

       More than 30 private oil companies in the country made a great deal of the company of long lianoil holding co., LTD. This is the largest private oil joint venture in China. What will the formation of long-linked oil bring to our country's oil industry? Long lian oil chairman Gong Gulong said: "the establishment of the long couplet oil, marked the name of private oil enterprises in our country from now on bid farewell to the past since independence, the pattern of the fight alone, start from scattered to unite."

       United oil start-up business concerns chief introduction, long league will be engaged in petroleum exploration and exploitation, oil refining chemical industry, import trade, retail sales as its main business, business scope covering almost the entire oil industry chain. The purpose of the company is to "combine forces, build private oil carriers, develop overseas oil and gas resources, replenish domestic oil supply, and safeguard national energy security".

       Long united oil development strategy in the near future is through a combination of private oil enterprise resources, relying on the existing network, with petrochina, sinopec, cnooc, sinochem group and zhuhai vibration Dijon group in cooperation in national major oil companies, such as rapid development, provide better service for our country oil consumers; Company's long-term development strategy is on the basis of cooperation with domestic and foreign major oil companies, gradually form a set of oil and gas exploration and exploitation, oil refining, chemical industry, petroleum trade, logistics, wholesale and retail as one of the oil industry chain, become the big oil companies, with strong competitiveness in the international competition and cooperation, access to overseas oil and gas resources and play a positive role in petroleum refining processing ability, etc.

       China petroleum and chemical industry association Tan Zhuzhou disclosure, petroleum and chemical industry last year non-state-owned holding companies and the present price of the output value reached 918.48 billion yuan, a year-on-year growth of 35.1%, higher than the national average petrochemical by almost 3%. When private companies applauded the formation of long-linked oil, the reporters interviewed the experts of the three major oil companies. Experts believe that the state can give private oil companies the right to control the oil industry, but it is difficult for private oil companies to shoulder heavy responsibilities for a variety of reasons. "Lack of capital, weak technical strength, small scale and late start are all fatal weaknesses."

       For the difficulty of entering the oil industry, the reporter learned that longlian oil registered capital is 5 billion yuan. But in more than 30 private oil and gas companies, the amount of money that can be transferred can range from tens of millions to tens of billions of dollars, and there are still others who are ready to join.