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About Us

whole supply chain of crud oil and liquefied natural gas. 

SinoPacific Energy Trading Limited, incorpored at Hong Kong, China in Spring 2025 when geopolitical conflicts increasing resulting in energy supply security facing more challenge, the one with clear mission to serve China customers by supplying quality crude oil, natural gas and petroleum refined products is becoming urgent and necessary. 

中太能源贸易有限公司于2025年春在香港注册,时值国际地缘政治冲突加剧导致能源供应安全问题突出,以为中国客户提供优质的原油、天然气及石化产品为服务宗旨和使命越发显得必要和紧迫。

Our Story

Co-founders of the company have 30+ years China large state company background with professional and prudential management skill and sharp business mindset, 15+ years working in United States and Middle East.  

创始人拥有超过30年的中国大型国企就职背景,专业、谨慎的管理技能,敏锐的商业意识,超过15年美国和中东工作经历。

  

Rooted in oil & gas industry since as early as 1989, built up wide and solid contacts with oil & gas producers, traders, and refineries, deep understanding about the industry, and equipped with products knowledge and international trading regulations, rules and practices. 

自1989年扎根石油工业,和石油生产商、贸易商及炼厂建立了广泛和稳定的商业关系,对石油行业有深刻的理解,并熟悉国际贸易规则和实操。

There are lots of uncertainties and challenges in supplying crude oil, natural gas and iron ore, etc. industrial raw materials to China while China market has been maintaining high demand for such feedstocks.  

 

尽管中国市场一直维持对原油、天然气及铁矿石之类的工业原料有很高的需求,但供应一直不稳定和充满挑战。

We see the problem, we know the solution, and we are ready to serve our customers better. 

​我们看到了问题所在,我们找到了解决方案,并做好了为客户服务的准备。

 

Products & Services 

Our goal is build up whole supply chain of crude oil and liquefied natural gas, that include but not limited to sourcing, purchasing, finance & banking, and logistics.  

China Market

China is the world's largest importer of crude oil, but its demand for crude oil is declining. 

Imports

  • In 2024, China imported 11.1 million barrels per day (b/d) of crude oil, down from 11.3 million b/d in 2023. 

  • In 2023, China imported 11.3 million b/d of crude oil, a 10% increase from 2022. 

  • Russia, Saudi Arabia, and Iraq were China's main sources of crude oil imports in 2023. 

Demand

  • The International Energy Agency (IEA) expects China's total oil demand to peak around the end of the decade at 18.1 million bpd. 

  • China's demand for key transportation fuels barely grew in 2024. 

  • Rapid electrification of China's vehicle fleet displaced gasoline. 

  • A property sector crisis and lacklustre merchandise exports crimped demand for diesel. 

Diversification 

  • China has been diversifying its oil import suppliers and routes.

  • Independent refineries often choose to import oil from producers closer to home, such as Russia, to reduce transportation costs.

Natural gas is imported into China by pipeline and as liquefied natural gas (LNG). China became the world's largest LNG importer in 2023, the second time since 2021. In 2023, China's LNG imports averaged 9.5 Bcf/d, an increase of 13% from 2022, according to data from China's General Administration of Customs.

 

Blog

let us exchange idea, plan or thought here, any comments would be highly appreciated. 

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