According to a Reuters report, among the visiting delegations to be brought by U.S. President Trump on the 8-9th of this month, top oil and gas export executives will occupy a very important position. Sinopec will sign the relevant agreement with Freepoint Commodities and ArcLight in the United States on the terminal investment in crude oil exportation, laying the foundation for China United to bring U.S. crude oil to China.
It is learned that the agreement includes the construction of the pipeline leading to the Gulf of Mexico terminal and the VLCC export terminal from the Permian Basin rich shale oil producing area, and the agreement also includes the expansion of the oil storage facility at Limetree Bay in St. Croix, the Virgin Islands in the Caribbean And rebuilds 32.5 million tons / year of refinery in the area, currently 75% of the oil storage facility is leased for a ten year lease.
Allegedly, in the 2017 plan will be 7.5 million tons Of US crude oil to China, will become Asia's largest US crude oil importers. This number will continue to expand in the next decade.
At present, the companies that may be associated with the Trump mission include:
Crude oil export terminal camp:
Freepoint Commodities, a merchandise trade and asset management company, was founded in 2011 and has financial support, including Stone Point Capital, which has just set up a branch in Asia this year, with the Chinese name as Fu Rui Bo, founder and CEO Frederick Jones Founded Marc Rich, the predecessor of Glencore Glencore).
ArcLight, a private equity firm dedicated to investing in energy assets in North America and Western Europe, was founded in 2001.
Natural gas export terminal camp:
Chennere Cheniere
Delfin Midstream
Texas LNG Brownsville LLC
Alaska Gasline Development Corp (AGDC)
Sempra Energy
other:
General Electric
Honeywell Honeywell
Dow DuPont DowDuPont
Bell Helicopter Bell Helicopter
Boeing Boeing
Qualcomm
Crane manufacturer Terex
SolarReserve
Biotechnology Company Drylet
Wastewater treatment company Viroment
American Soybean Export Council
Stine Seed Company
Westinghouse Electric
Air Products