11 Jun 2019 China is set to award crude oil import licenses to four independent refineries in eastern China, the Ministry of Commerce said in a statement 10 Oct 2019 Zhejiang Petroleum Trading Co. is set to become the first company with a foreign investment to win a crude oil import license in China, 2 Jul 2019 This was the first round of import license awards for independent refiners since May last year, when Beijing granted licenses to a dozen teapots. Reshaping the Competition for Shares of China's Crude Oil Imports . independent refiners crude oil import quotas and licenses. The fourth section examines
1 Nov 2019 However, those that received imports licenses over the past two years but did not bring in any crude oil will be barred from applying for new 22 Aug 2019 In response, the Chinese government has introduced a number of policies, including import license constraints, to support domestic suppliers.
12 Jun 2018 The independent companies were not licensed to import crude oil directly, and bought it from state-owned companies, whom they often sold the 4 Jan 2019 Image Courtesy: Pixabay under CC0 Creative Commons license China surpassed the United States in annual gross crude oil imports in 9 Sep 2016 China said on Thursday that its crude oil imports for August increased By mid- year, 27 teapots had either received an import license or were 3 Feb 2018 China surpassed the U.S. in annual gross crude oil imports in 2017 by importing Since mid-2015, China granted crude oil import licenses to 8 Jun 2016 Armed with import permits, the country's private refineries are with a year earlier, even though China's overall crude imports were lower.
Reshaping the Competition for Shares of China's Crude Oil Imports . independent refiners crude oil import quotas and licenses. The fourth section examines 13 Jan 2020 SINGAPORE/ BEIJING, Jan 14- China's crude oil imports in December eased from a record set a month earlier, but demand growth from new Import licensing requirement. On January 25th, 2016, the Chinese government announced it was approving four firms as licensed non-state crude oil importers. Study on the Oil Import/Export Quota Allocation Mechanism in China by Using a Dynamic foreign crude oil producers, in order to calculate the detailed impacts, quotas and the best way to allocate import permits between regions [11]. 23 May 2018 China's Ministry of Commerce on Wednesday published the names of 11 private refineries with a plan to allow them to directly import crude oil. 2 Jan 2019 China issued its first batch of crude oil import quotas for 2019 on Wednesday at a lower volume than for the same batch a year ago, though
China to issue non-state crude oil import licenses to 5 refiners. BEIJING (Reuters) - China will issue non-state crude oil import licenses to five refiners, including China National Chemical Corp and four independent refiners, the country’s commerce ministry said on Tuesday. BEIJING (Reuters) - China’s Ministry of Commerce said on Monday it will grant licenses to two independent refineries to directly import crude oil, shortly after the companies won import quotas, as Singapore — China's Ministry of Commerce plans to grant crude import licenses to four independent teapot refineries in eastern Shandong province, namely Huifeng Petrochemical, Chambroad Petrochemical, Tianhong Petrochemical and Luqing Petrochemical, the ministry said on its website Monday. The listed 15 countries shipped 90.6% of all Chinese crude oil imports in 2018. Among the above countries, the fastest-growing suppliers of crude oil to China since 2014 were: United States (up 679,885,900%), Malaysia (up 2,454%), Libya (up 573.5%) then Brazil (up 231.6%).