Petrochina Completes Shanghai INE's First Crude Oil Futures for Physical Exchange
09.14.2020 By Greta Talmaci - NEWS

September 14, 2020 [Energyworld.com] –  PetroChina Co completed the first exchange of futures for physicals (EFP) transaction for the Shanghai crude oil futures contract , the company said in a statement on Monday.

It involved 31,000 tonnes of crude oil cleared by customs for transfer via pipeline to Dalian Petrochemical storage tanks on August 28, PetroChina said.

It said this was the first EFP transaction for crude oil futures, which are traded on the Shanghai International Energy Exchange (INE).

————-

Click Here to Access Today a 5,550 Tank Terminal Database With a Pro Trial
5,550 terminals as per the date of this article. 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