The CNOOC Marketing Company, a specialized company of CNOOC engaged in sales and trade business, was founded in Beijing in April 2008.
The company's business mainly covers sales and trade, storage and logistics, and marketing network construction of crude oil, product oil and chemical products.
In 2010, CNOOC Marketing Company facilitated the construction of marketing network, thereby the sales of product oil and sales and trading of chemical products both turn arounded.
CNOOC's marketing network has covered 23 domestic major cities inclusive of Beijing, Shanghai, Tianjin, Guangzhou, Wuhan and Huizhou. By the end of 2010, CNOOC sales companies had 28 oil depots with a total reservoir capacity of 1,002,800m3 and 231 gas stations.
Currently, the construction of CNOOC network layout of "Two Deltas One Bay" and “One River Two lines” wereaccelerated. The "CNOOC" brand has been well recognized in the terminal market and CNOOC's influence in theterminal market has kept growing.
The Company's businesses of petroleum sales, chemical products sales and trade of chemical products went well and achieved its annual physical goods sales and trading volume of 12 million tonnes, and gained sales income of RMB70 billion, which fully reflected the vitality and value of the marketization, and successfully extended the industry chain and value chain of CNOOC.
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