Longwei Petroleum Investment Holding Ltd. (LPIH.OB)
Longwei Petroleum Investment Holding Ltd. is one of the leading diesel, gasoline, fuel oil, and solvent oil distributors/wholesalers in Taiyuan City, Shanxi Province, China. The Company operates through their subsidiary, Longwei Trading, located in Taiyuan City. Longwei sells products mainly to large gas stations, coal plants, and power supply companies. They also sell, on a smaller scale, to small, independent gas stations. The Company trades on the OTCBB. Longwei Petroleum owns a state-of- the-art fuel storage facility at Taiyuan City. The facility includes 14 storage tanks with a capacity of 50,000 metric tonnes. The Company has been in the fuel…