The Great Wall lubricating oil has been designated as the official lubricant for the Beijing 2008 Olympic Games, Chinese oil producer Sinopec Corporation announced here on Tuesday.

Sinopec, China's largest oil refining and petrochemical company, signed a deal with the Beijing Organizing Committee for the 2008 Olympics (BOCOG) last month, becoming an official partner of the games.

According to the deal, Sinopec will provide fund and other forms of support for the 2008 Olympics and Paralympics, BOCOG, theChinese Olympic Committee, as well as Chinese sports delegations for the 2006 Winter Olympics in Turin and 2008 Summer Olympics.

Song Yunchang, general manager of Sinopec's Lubricant Company, said the 2008 Games provides an extensive platform for Sinopec to promote its brand and products.

"As the world's premier sporting event, the Olympic Games will help Sinopec present its excellent products and services to the world," Song told a press conference.

Yuan Bin, deputy director of BOCOG's Marketing Department, was upbeat about the marketing prospects of the 2008 Games.

"We're much delighted to see that so many enterprises, from home and abroad, show keen interest in sponsoring the games," saidYuan.

"Their involvement will contribute to the success of the 2008 Games," she added.

So far, BOCOG has signed six partners for the 2008 Games, including Germany's automobile giant Volkswagen, China Mobile and Bank of China.

Source: CCTV.com