HOUSTON, TEXAS (Editors at Energy Analytics Institute, 19.Mar.2025) — Vici Energy, an integrated energy company, opened its new renovo energy trading desk in Qingdao, China.
Strategically located in 1 of China’s most dynamic energy hubs, the new office strengthens the company’s decade-long presence in the country and enhances its ability to serve growing energy demands across Asia, Vici Energy announced on 19 Mar. 2025 in an official statement.
The Qingdao office will focus on the marketing of crude oil, liquefied natural gas (LNG), and refined petroleum products in China and the broader Asian market, the company said.
Additionally, the new office positions Vici Energy “to better respond to market dynamics in China and deepen collaboration with leading refineries in Shandong and Hebei provinces, ensuring a reliable and efficient supply of crude oil and energy products.”
As a strategic hub, the office will also explore new business opportunities in Asia’s energy market, including renewable energy and other emerging sectors, Vici Energy said in the statement.
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By Editors at Energy Analytics Institute. © 2025 Energy Analytics Institute (EAI). All Rights Reserved.
