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AMEX: LPH Stock Quote
AMEX: LPH Overview
Longwei Petroleum Investment Holding Limited is an energy company engaged in the wholesale distribution of finished petroleum products in the Peoples Republic of China. The Companys oil and gas operations consist of transporting, storage and selling finished petroleum products, entirely in the Peoples Republic of China. The Company purchases diesel, gasoline, fuel oil and solvents (the Products) from various petroleum refineries in the Peoples Republic of China. The Company has a storage capacity for its Products of 120,000 metric tons located at its fuel depot storage facilities in Taiyuan and in Gujiao, Shanxi (Gujiao), 50,000 metric tons and 70,000 metric tons of capacity respectively at each location. The Gujiao facility commenced operations in January 2010. Taiyuan facility has a total of 14 storage tanks and The Gujiao Facility has a total of eight storage tanks. The Companys operations are all primarily concentrated in the central Shanxi Province.
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