TO: CNOOC GAS & POWER DEVELOPMENT AND UTILIZATION CO., LTD.
FILING SERIAL: SQPF [2013] NO. 49
This is an official response to your company’s Application for Registration of “CNOOC 36-1” No.70 Grade A Road Bitumen, and pursuant to the Rules on Registration of Bitumen for Futures Delivery, we approve of your application for the registration of “CNOOC 36-1” No. 70 Grade A Road Bitumen that have already met all requirements as prescribed in the Exchange’s Bitumen Contract Specifications.
Ⅰ. Your company has been granted the approval to register the “CNOOC 36-1” No. 70 Grade A Road Bitumen with the Exchange.
Ⅱ. Since the date of the issuance of this Approval, the No. 70 Grade A Road Bitumen by China Offshore Bitumen Co., Ltd., China Offshore Bitumen (Taizhou) Co., Ltd., CNOOC Gas & Power (Taizhou) Petrochemical Co., Ltd., China Offshore Bitumen (Sichuan) Co., Ltd., China Offshore Bitumen (Yingkou) Co., Ltd., CNOOC (Qingdao) Heavy Oil Processing Technology Research Center Co., Ltd., and CNOOC Zhenjiang Fuel Oil Co., Ltd. shall be applicable to physical delivery on the Exchange’s bitumen contract. The product specifications are as below:
Company Registered: CNOOC Gas & Power Development and Utilization Co., Ltd.
Product: No. 70 Grade A Road Bitumen
Brand: “CNOOC 36-1”
Specifications: Technical standards as specified in the Technical Specifications for Construction of Highway Asphalt Pavements released by the State Department of Transportation.