China is the world second largest importer and consumer of crude oil. Fortune Oil first developed oil terminals in China over 14 years ago and remains one of the few international investors in onshore oil infrastructure. Currently the company operations include supplying jet fuel to most of the airports in south and central China and delivering 8% of China crude oil imports. The company is well positioned to benefit from the accelerated growth in energy imports and future liberalization of the China oil markets under the WTO agreements.