Shanghai International Energy Exchange has released its Notice on the Approval of SDIC Oil & Gas Terminal Yangpu Co.,Ltd. to be the Delivery Storage Facility for Crude Oil Futures as follows:

This is to acknowledge our receipt of the application of SDIC Oil & Gas Terminal Yangpu Co.,Ltd. as the delivery storage facility 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 based on inspection and review results:

We approve SDIC Oil & Gas Terminal Yangpu Co.,Ltd. to be the delivery storage facility for crude oil futures.

As of the date of this notice, we approve the crude oil depot of SDIC Oil & Gas Terminal Yangpu Co.,Ltd., located on the north side of 1st Road, Chemical Industry Park, Yangpu Economic Development Zone,Hainan Province, to be the storage location of crude oil futures, with an active storage capacity of 200,000 m3 and an approved storage capacity of 400,000 m3.

All concerning parties shall attach great importance to relevant business, so as to guarantee the normal and sound delivery.

INE hereby notifies as above.

Shanghai International Energy Exchange
June 21, 2021