China's INE Adds PetroChina Storage as New Delivery Tanks for Crude Futures
04.20.2020 By Greta Talmaci - NEWS

April 20, 2020 [Reuters] – China’s Shanghai International Energy Exchange (INE) said on Thursday it has approved another 1.2 million cubic metres of PetroChina’s storage in the northeastern port of Dalian as delivery tanks for crude oil futures.

INE will first use 800,000 cubic metres (about 5.04 million barrels) of the Dalian tank farm for futures deliveries, the exchange said in a statement.

————-

Click Here to Access Today a 4,900 Tank Terminal Database With a Pro Trial
Click on the button and register to get instant access to actionable tank storage industry data

UAE Invests Billions in AI to Diversify Economy Beyond Oil
11.13.2024 - NEWS
November 13, 2024 [Oil Price]- The United Arab Emirates’ state-owned energy giant Abu Dhabi Nat... Read More
Gulf Energy Transition: Assessing Saudi and Emirati Goals
11.13.2024 - NEWS
November 13, 2024 [The Washington Institute]- On October 29, during Saudi Arabia’s annual Futur... Read More
How will The Energy Sector Fare Under Donald Trump?
11.13.2024 - NEWS
November 13, 2024 [Investing Daily]- The energy sector experienced a notable boost following Dona... Read More
PNOC, Pertamina Partner on LNG Infrastructure, Supply Chain
11.13.2024 - NEWS
November 13, 2024 [Manila Bulletin]- State-run Philippine National Oil Company (PNOC) has signed ... Read More