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The first spot oil trading center in the north began operations.

 Last Update: 2020-09-26
 Source: Internet
 Author: User

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China Coatings Network
:
the first spot oil trading center in northern China - Qinhuangdao Energy Trading Center began to operate on the 11th. The trading center will carry out spot trading of refined oil, fuel oil, aviation kerosene, LNG, LPG and other oil products, with an estimated annual turnover of more than 100 billion yuan and profits and taxes of more than 2 billion yuan. Reporters learned that in June this year, Qinhuangdao City has started the construction of two projects of the oil reserve and energy trading center. At present, Qinhuangdao East Olympic Group, Dresi (Leizhou) International Trade Company, United An energy petrochemical Co., Ltd. and Saudi Princes Noura and Partners Group and other 6 enterprises have been formally signed. As the first member enterprise, Qinhuangdao Dongao Group will be the 11th day of the transaction of three contracts totalling 10,000 tons of refined oil.

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