Activities

Our main business activities include sourcing, supply, shipping, trading, import and storage of crude oil, refined petroleum products, steam coal, and other commodities.

Sourcing

Through our strong connections with the most influential leaders and representatives of various countries, we explored a variety of potential sources of fossil fuels from the following regions:

• Saudi Arabia
• UAE
• Kuwait
• Bahrain
• Venezuela
• Indonesia

Commodity Trading

Due to the expertise, experience and background of the GSE, we are able to trade on many levels of Incoterms:

Suppliers – We are able to purchase on the CIF, CFR and/or the FOB basis and guarantee our payments through Letter of Credit, issued by the worldwide known first class banks.

Customers – We are able to sell on the FOB, CFR and/or the CIF basis. In case of long-term close cooperation, we can also provide DDP delivery after custom clearance.

China Import

G7 (Shandong) Energy Co., Ltd. holds the “Hazardous Chemicals Business License” [危险化学品经营许可证] and partner of the most leading refineries processing and producing petroleum products in the Shandong, Liaoning and Zhejiang Province, we have the capability to process the customs declaration process of crude oil on our behalf.

Also as the holder of “Automatic Import License of the People’s Republic of China” [中华人民共和国自动进口许可证] with a sufficient amount of quotas for Import of Coal.

China Tank Storage

Our specialists of logistics and storage from our G7 (Shandong) Energy Co., Ltd. team are highly experienced in import processing and customs declaration of crude oil, coal and other raw materials.

Due to the terms and conditions of the business case, we are able to organize and provide short-term lease of storage tanks of crude oil. In case of conceptual long-term cooperation, we can arrange capacity to our own G7H storage tank in designated ports.

Most of our partners in coal commodity (power plants) have their own port and storage capacity.