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Iran to build LPG storage facilities in China

He said Iran’s private sector will be assigned the task of building the storage facilities, and the National Iranian Gas Company (NIGC) will lease those facilities under a contract.

May 29, 2015

China residential LPG social inventory of this week

With the increase of temperature, more pressure is to put on residential LPG factories. About 30-50% inventory was left in north China to the end of this week.

May 29, 2015

Loss of Guangdong teapots plunged to CNY544/mt

This week, based on CNY4,450/mt of Russia M100 spot ex-stockpile price at Shandong market, the loss of processing imported straight-run oil at Shandong teapots aggravated to CNY577/mt amid s

May 29, 2015

Shandong teapots run rate gained slightly to 47.56%

ccording to JYD statistics from 36 Shandong teapots, up to May 27th, CDU run rate climbed slightly to 47.56% WoW amid upwards refining market despite of crude fall and aground adjustment of

May 29, 2015

China fuel oil apparent consumption slid

According to China Customs, the total volume of fuel oil imports in April settled down 122,900 mt to 1,360,100 mt, 8.28% fall MoM; that of fuel oil exports ended up 58,900 mt to 848,300 mt,

May 28, 2015

​Guizhou to open 400 energy projects to private funds

The Guizhou Development and Reform Commission unveiled on May 26th that it will hold the 2015 Energy Project Public-Financial-Enterprise Financing Cooperation Conference with Guizhou Energy

May 28, 2015

Dongming Petrochemical is the first refinery to acquire the right of using import crude

China Petroleum and Chemical Industry Federation (CPCIF) claimed on May 27th that Dongming Petrochemical was qualified for using import crude.

May 28, 2015

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