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According to the Ministry of Commerce on November 3, the allowable import volume of crude oil non-state trade in 2023 is 243 million tons
.
The application conditions include: having the performance of using the permitted amount of crude oil import in the past two years or the qualification
to use imported crude oil approved by the national industrial authority.
It has the right to use a crude oil water transport terminal (or a railway port with an annual reloading capacity of 2 million tons) of not less than 50,000 tons, and the right to
use crude oil storage tanks with a storage capacity of not less than 200,000 cubic meters.
5
foreign trade operators with bank credit of not less than 20 million US dollars (or 140 million yuan).
It is reported that the allowable amount of crude oil non-state trade imports is issued
in accordance with the principle of "batch issuance, additional adjustment, and strict assessment".
The first allowable amount will be issued to eligible enterprises
by the end of 2022.