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     About Us
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     CEI Petroleum was founded in 1996 as the main part of CEI. It is today a regional oil and gas company with interest in oil and gas development and production, refining, terminating and distribution, marketing and trading of crude and refined petroleum products.CEI Petroleum business are focused on Exploration & Production and Downstream activities including refining and marketing of refined petroleum products.

      CEI assets are world class, utilizing state-of-the-art technology to deliver premium products and first class services to our customers.CEI refinery situated on Jurong Island has been consistently ranked in the top quartile of refineries worldwide and is well positioned to capitalize on growth opportunities in the petroleum and petrochemical industry in the region. On Pulau Sebarok, CEI has a sophisticated storage and terminating facility utilizing advanced instrumentation and technology to ensure fast turnaround. The energy demand of the region is expected to grow strongly and CEI will benefit from this growth.

      Despite the competitive landscape and many challenges in the oil and gas industry, CEI is confident that together with all its stakeholders it has the talents, assets and strengths to ride the wave and emerge as a premier oil and gas company in this region.

      CEI Petroleum is a modern enterprise incorporating design, development and manufacture. For many years, it has accumulated much experience and technical strength in design and manufacture of oil drilling and production equipments, spare parts, instruments and meters. On the basis of introduced into advanced technology and process both home and abroad, CEI has already developed and manufactured multi-series, hundreds of products.

      Following the guide - lines of ^ Market is the guidance, Quality is the soul, Science and technology is the power, person with ability is the root ̄, CEI is in the continuing effort to reinforce and improve management system centered in the quality and accredited by ISO 9001:2000 quality assurance system in the year of 1999.

    Natural Gas
      CEI Natural Gas business markets gas, power and natural gas liquids products. It finds markets for the large gas resources that we have in Alaska, Indonesia and other areas and develops the means to deliver gas to access these markets. The business also adds value to other Group businesses by integrated marketing and trading of energy and energy solutions and the development of high efficiency cogeneration plant to support Group manufacturing and processing facilities.

      Our markets are growing faster than most other parts of the energy business. Natural gas is growing at about 3% per annum - clear evidence of the continuing shift towards lower carbon fuels. New technology is helping natural gas to continue its penetration of the power sector, which will account for more than half of demand growth. LNG is set to enjoy particularly strong volume growth, forecast to be as much as 10% per annum. Natural gas liquid products are growing at some 4%, reflecting growing worldwide gas production.

    Activities in gas and power include shipping and trading of liquefied natural gas (LNG), funding and building re-gasification facilities and gas import terminals, gas pipelines and LNG ships and selective investments in large-scale power stations. The customers for these businesses are typically large gas importer companies, state owned energy companies, major energy utilities and wholesalers and power generators.  

     We also market our own and third party gas supplies directly to businesses in North America and Europe with total gas sales volumes in 2002 of 21.6 billion cubic feet of gas a day, an increase of 15% over 2001. CEI products and offers help customers to use energy more efficiently, manage costs and risks and to lower emissions.

      For undeveloped gas, we believe the key is to capture markets ahead of supply, with a longer-term aim of allowing our gas resources to move into the market with the same ease that oil does today. This is best demonstrated by the LNG business, where, for example, our gas supplies North American markets and future supplies from Indonesia have already captured markets in China for supply in 2007.

     The gas and power business also provides feedstock to the petrochemicals business, and product for the refining and marketing business. With global demand for natural gas liquid products both as a chemicals feedstock and as a cleaner fuel expected to grow in excess of 3% per year, this business is expected to offer the potential for further growth.

    Wind Energy

      Wind is the fastest growing energy technology in the world. In 1999, the world wind industry installed more than 3,900 megawatts (MW). Four years later, the world installed more than double that amount with 8,133 MW of new wind in 2003, representing $9 billion of investment. In 2004, there are nearly 40,000 MW of wind installed around the world. Much of that growth is due to cost reductions and progressive government policies

      Most people are aware that burning coal releases harmful particulate emissions that cause breathing problems and asthma, and that it releases sulfur dioxide and nitrogen oxides, which cause acid rain. Coal is also one of the primary contributors of the carbon dioxide that causes global warming and mercury contamination of our lakes and fish. Natural gas is a cleaner option than coal, but it still produces considerable air pollution and contributes to global warming. Nuclear energy produces no particulate emissions, but it creates dangerous radioactive wastes which will require thousands of years of careful storage. All three sources--coal, nuclear power, and especially natural gas--are limited fuels. Today, they compose the bulk of our electric generation sources.

      Wind, on the other hand, is a completely renewable fuel source. As long as the sun shines, the winds will blow. And wind power produces no health risks and no air pollution.

      Wind energy is a hedge for the future as our traditional fossils fuels become more scarce and public policies assign environmental costs to sources of pollution.

    Solar Energy
      CEI is committed to creating a sustainable solar business that is both profitable and environmentally beneficial. In 2004,CEI Solar took a major step towards this goal when it made a profit for the first time.

    With over 10 years of experience and installations in over 50 countries, CEI Solar is one of the world's largest solar companies - designing, manufacturing and marketing solar electric systems for a wide range of applications in the residential, commercial and industrial sectors.

    In the last two years we have reshaped the business. We have lowered costs, focused on key growth markets (particularly the US and Germany), concentrated on our most attractive products and run marketing campaigns. Sales of solar capacity have grown by more than 30% globally consolidating our position as a leading player in the global photovoltaic (PV) market.

      This refocusing has given us a new base from which to grow, and in 2004 we announced that we would be more than doubling our capacity from 90MW to around 200MW by 2006. This compares with capacity of 32MW in 1999. CEI Solar is planning to operate two manufacturing plants in Australia and India.

    2005 Century Energy International Co, Ltd.  All rights reserved.