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Shanghai International Energy Exchange has released its Notice on the Approval of Dalian PetroChina International Warehousing & Transportation Co., Ltd. to Add Designated Delivery Storage Facility Storage Point for Crude Oil Futures

Shanghai International Energy Exchange has released its Notice on the Approval of Dalian PetroChina International Warehousing & Transportation Co., Ltd. to Add Designated Delivery Storage Facility Storage Point for Crude Oil Futures as follows:

This is to acknowledge our receipt of the application of Dalian PetroChina International Warehousing & Transportation Co., Ltd. to add Designated Delivery Storage Facility storage point for crude oil futures. In accordance with the Delivery Rules of the Shanghai International Energy Exchange and other applicable rules, we hereby issue the following response:

We approve Guangxi PetroChina International Reserve Depot of Dalian PetroChina International Warehousing & Transportation Co., Ltd, located on Qinzhou Bonded Area, Guangxi Zhuang autonomous region, as the storage point for crude oil futures, with an approved storage capacity of 200,000 m3 and an active storage capacity of 200,000 m3.

As of the date of this notice, Dalian PetroChina International Warehousing & Transportation Co., Ltd. is to offer Designated Delivery Storage Facility services according to the approved storage capacity, strictly abide by all relevant rules, strengthen operation management, and ensure the sound functioning of such services.

 

Shanghai International Energy Exchange
September 7, 2020

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