Products Specs Trading Calender Fees Rules Education Back to Top
Home / Circular & News / Circular

Updated on Jun 10,2020

Shanghai International Energy Exchange Co., Ltd Announces the Notice on the Approval of Dalian PetroChina International Warehousing & Transportation Co., Ltd. to Increase Storage Capacity for Crude Oil Futures

Shanghai International Energy Exchange Co., Ltd Announces the Notice on the Approval of Dalian PetroChina International Warehousing & Transportation Co., Ltd. to Increase Storage Capacity for Crude Oil Futures, with the following content:
This is to acknowledge our receipt of the application of Dalian PetroChina International Warehousing & Transportation Co., Ltd. to increase the storage capacity 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 the active storage capacity of Dalian PetroChina International Warehousing & Transportation Co., Ltd. Bonded Depot located on No.31 New Port Nei Hai Nian Road, Dalian Bonded Area, Liaoning Province, to be increased from 1150,000m3 to 1450,000 m3, with an approved storage capacity of 1450,000 m3.
As of the date of this notice, Dalian PetroChina International Warehousing & Transportation Co., Ltd. shall offer Designated Delivery Storage Facility services within the increased active storage capacity, strictly abide by all relevant rules, strengthen operation management, and ensure the sound functioning of such services.


Shanghai Futures Exchange
June 10, 2020

 

View more Circular&News