GCAP Energy Relief Humanitarian Program
Most of the world's economies face a growing energy crisis due to global supply disruptions, high energy prices, geopolitical instability and an unrealized energy transition from carbon-intensive sources.
The energy shortage has driven up energy prices for many consumers and businesses around the world, hurting households, industries and entire economies - most in developing countries where people can't afford them.
We, GCAP Group is working together with our global alliance partners in oil and gas supply, trade finance and logistics to develop GCAP Energy Relief Humanitarian Program (ERHP) for developing countries facing energy shortages.
Under ERHP, the participating GCAP alliance partners will collaborate together and address various challenges including high energy cost, shortage of vessels, and financial capital needs. Like the commodity trading program under GCAP Humanitarian Trading Platform, a portion of the proceedings of this program will be given back to the local community to improve the infrastructure. GCAP alliance partners will also seek to help bring alternative energy to the needed nations.
The current alliance partners including Nigeria National Petroleum Corp, PT Pertamina, China Northern Oil, Canaf Refinery, Santa Oil, Eagle Capital and CGI Mineral Fund.
GCAP Group invites its 400+ global alliance partners joint force to assist the needed nations, such as Sri Lanka and others.
For details about how to participate in Energy Relief program, please contact us energyrelief@gcapglobal.org
About GCAP
GCAP is an innovative social enterprise formed by trusted partners including top bankers, global financiers, infrastructure funds, pension funds, fund of funds, sovereign wealth funds, charity and humanitarian funds. GCAP’s core mission is to advance new frontiers of science, tech innovation and policy making to solve global challenges related to Global Supply Chain, Healthcare, Climate Change and Social Equalities.
GCAP consists of more than 400 members in over 40 countries. Our members are influential in many sectors including logistics, financial, governmental, manufacturing, banking, insurance, government agencies, and industries.
About China Northern Oil
North Petrochemical (Group) Co., Ltd. was established in 1997 and is headquartered in Xi'an, Shaanxi. It is a comprehensive energy company integrating domestic and foreign oil and gas exploration and development, oil product trade, warehousing and logistics, investment, construction and operation. North Petroleum adheres to the management policy of relying on resources, the market as the link, and the technology as the guide, closely following the national "One Belt, One Road" strategic policy, realizing the interconnection of domestic and foreign energy storage and logistics, and realizing the service of the whole oil industry chain, in order to protect the country's energy Contribute to the scientific development of security and the national economy.
About Canaf Refinery
Canaf is a global consortium group of energy and petrochemical companies that aims to meet the world’s growing need for more and cleaner energy solutions in ways that are economically, environmentally, and socially responsible.
Our operations are divided into our businesses: Midstream, Integrated Gas and Canaf's Energy Solutions (formerly New Energies), and Downstream. Our Projects & Technology organization manages the delivery of Canaf’s major projects and drives our research and innovation.
Our Midstream sector organization manages, namely in acquisition, transportation, storage, and wholesale marketing of crude oil, low pour fuel oil, natural gas, and natural gas liquids (butane and propane). It also markets and transports oil and gas and operates the infrastructure necessary to deliver them to market.
Our Integrated Low Pour Fuel Oil organisation manages our feedstock activities and the production of LPFO the main reason for this is since LPFO is one of the products in the fractional distillation of crude oil refining. Fuel oil is used as bunker fuel, or fuel to run boilers / furnaces, heating in many industries especially textile and cement manufacturing industries. Also used to run fuel oil / crude oil generators of heat or used in an engine for the generation of power, except oils having a flash point of approximately 40 °C (104 °F). It also markets and transports LPFO and operates the infrastructure necessary to deliver it to market.
Our Integrated Gas organization manages our liquefied natural gas (LNG) activities and the production of gas-to-liquids (GTL) fuels and other products. It includes natural gas, and the operation of the upstream and midstream infrastructure necessary to deliver gas to market. It markets and trades natural gas, LNG, LPG, BLCO, LPFO, crude oils, electricity, carbon-emission rights and also markets and sells LNG as a fuel for heavy-duty vehicles and marine vessels.
Renewables and Energy Solutions is the part of Canaf focused on finding commercial ways to meet the evolving energy needs of our customers. These solutions include power from renewable and low-carbon sources such as wind, solar and natural gas and decarbonization options including nature-based solutions and carbon capture and storage. This part of Canaf also develops new business models such as clean power-as-a-service, which addresses how digital technology can better help customers with their energy needs.
Our Downstream organization serves millions of customers at retail sites every day. It manages different Chemicals and Products activities as part of an integrated value chain that trades and refines BLCO and other feedstocks into a range of products which are moved and marketed around the world for domestic, industrial and transport use. The products we offer customers include conventional fuels for road (Gasoline / Petrol - Regular 87, Mid-Grade 89, Premium 92, Diesel D2), aviation (Kerosene - Jet Fuel: Jet A & Jet A1, AVGAS: 100 & 100LL, Aviation Fuel: TS-1, Jet B, JP-8, JP-5) and shipping (Marine Fuel Oil CST 380 – LPFO); low-carbon fuels such as biofuels, renewable natural gas (RNG), hydrogen and electric-vehicle charging. We also produce and sell LNG, LPG and petrochemicals worldwide.
Our Projects & Technology organization manages the delivery of our major projects and drives research and innovation to develop new technology solutions. It provides technical services and technology capability for our Integrated Gas, Upstream and Downstream activities. It is also responsible for providing functional leadership across Canaf in the areas of safety and environment, contracting and procurement, pipeline activities and greenhouse gas management.
About Santa Oil
Santa Oil LLC is a Delaware registered company with offices in Washington DC and Beijing that focuses on providing stable fuel delivery to service the fast-growing energy demand in China and Asia. Our team has decades of experience working in the US, China, Asia and other parts of the world.
About PT Pertamina
PT Pertamina (Persero) has now journeyed with over six decades of experience in the energy industry. Pertamina continues to work hard in building the nation through strengthening its commitment in the fields of New and Renewable Energy and Business Diversification. This commitment is demonstrated through the provision of more quality products to meet the demands of consumers for superior products. It is now time for Pertamina to strengthen its steps, in order to face a variety of challenges with optimism so as to create sustainable business growth for the Company through investment and business optimization in order to continue growth in line with the expectations of all stakeholders.
The Milestones of Pertamina has started in the 1950s, the Government of the Republic of Indonesia appointed the Army, which later established PT Eksploitasi Tambang Minyak Sumatera Utara to manage oil fields in the Sumatra region. On 10th December 1957, the Company then changed its name to PT Perusahaan Minyak Nasional, abbreviated to PERMINA. This date is celebrated as the birth of Pertamina to this day. In 1960, PT Permina changed its status to a State Enterprise (PN) Permina. Later, PN Permina joined PN Pertamin to become PN State Oil and Natural Gas Mining Company on 20th August 1968.
Afterward, the government regulated the role of Pertamina so as to produce and process oil and gas from oil fields as well to provide for the fuel and gas demands in Indonesia through Law No.8 of 1971. Furthermore, through Law No.22 of 2001, the government changed the position of Pertamina, allowing the implementation of Public Service Obligation (PSO) to be conducted through the business activities.
Based on Government Regulation No.31 of 2003 dated 18th June 2003, the State Oil and Natural Gas Mining Company changed its name to PT Pertamina (Persero) which engaged in oil and gas business activities from the Upstream Sector to the Downstream Sector. PT Pertamina (Persero) was established on 17th September 2003 based on Notarial Deed No.20 of 2003. On 10th December 2005, Pertamina transformed the seahorse logo into arrows with green, blue, and red base colors that reflect the dynamic elements and environmental awareness.
Through a subsidiary, PT Pertamina International EP, Pertamina became the majority shareholder of Maurel et Prom (M&P) with 72.65% of shares.
PT Pertamina (Persero) transformed the Company’s business and fundamentals on 20th July 2006. PT Pertamina (Persero) changed the Company’s vision to “Becoming a World-Class National Oil Company” on 10th December 2007. In 2011, Pertamina improved its vision to “Becoming a World-Class National Energy Company”. Through the EGM dated 19th July 2012, Pertamina increased its issued/paid-up capital as well as expanded its business activities.
On 14th December 2015, the Minister of SOE at the General Meeting of Shareholders approved the amendment to the Articles of Association of Pertamina in optimizing the utilization of resources, increasing on the issued and subscribed capital by the state as well as the Board of Directors’ actions that require written approval from the Board of Commissioners. This amendment has been stated in Deed No.10 dated 11th January 2016, Notary Lenny Janis Ishak, SH.
In 2017, one of the real steps to realize the vision of becoming a world-class national energy company was to successfully complete the acquisition of French oil and gas company Maurel et Prom (M&P). Effective from 1st February 2017 through a subsidiary, PT Pertamina International EP, Pertamina became the majority shareholder of M&P with 72.65% of shares. Through its majority shareholding in M&P, Pertamina has access to operations in 12 countries spread over 4 continents. In the future, Pertamina aims to produce 650 thousand BOEPD (Barrels of Oil Equivalents Per Day) by 2025 from its international operations, as part of Pertamina’s production target of 1.9 million BOEPD by 2025, in a determined effort towards establishing Indonesia’s energy resiliency and self-sufficiency.
About CGI Mineral Fund
CGI invests in the companies with leading positions, proven performance, and committed teams. CGI delivers values to the businesses by leveraging its expertise, full resources of network, strategic insights, and capital support. The Management and Board of Directors of Cynergy Global Investment Company Pte. Ltd. has vast experience in the financial sector as well as the international trade sector handling various commodities. Mr Li Jun Lun, Mr Saravanan & Mr Sheik are part of the main board of directors and carry with them over 20 years of multilateral experience. Supplying of Crude oil and various other Oil & Gas commodities, poultry and other meat products as well as various soS commodities such as coffee, soy and sugar. In the course of supporting the multilateral trade within Asia, Cynergy Global Investment Pte Ltd was set up. To not only support, but also to finance supply chains as well as strategically invest in developing regions within China and other Asian nations.