Longwei Petroleum Investment Holding, Ltd.
PETROLEUM DISTRIBUTOR - NYSE MKT "LPH"
Longwei Petroleum is an energy company engaged in the storage and wholesale distribution of finished petroleum products in China. The Company's oil and gas operations consist of transporting, storage and selling finished petroleum products, primarily in central China. The Company is headquartered in Taiyuan City, Shanxi Province.
The Company has the storage capacity for its petroleum products of 220,000 metric tons (approximately 80 million gallons) located at three fuel depots within Shanxi: Taiyuan, Gujiao and Huajie, which have an individual storage capacity of approximately 50,000 metric tons ("mt"), 70,000mt and 100,000mt, respectively. The Company has the necessary licenses to operate and sell petroleum products not only in Shanxi but throughout China. The Company's storage tanks have the largest storage capacity of any non-government operated entity in Shanxi.
EST. 1995 - STRAIGHT FORWARD BUSINESS MODEL
Longwei has 17years of operating experience and relationships built within the Chinese petroleum industry. The Company's serves both the industrial and consumer markets with customers including mining operations, power generation facilities, manufacturers, large-scale gas stations and small, independent gas stations.