This is to acknowledge our receipt of the application of Dading Petroleum Logistics Co.,Ltd. as the delivery storage facility for crude oil futures. In accordance with the Delivery Rules of the Shanghai International Energy Exchange and other applicable rules, we hereby issue the following response based on inspection and review results:
We approve Dading Petroleum Logistics Co.,Ltd. to be the delivery storage facility for crude oil futures.
As of the date of this notice, we approve the crude oil depot of Dading Petroleum Logistics Co.,Ltd., located on 496 Aoshan East Road, Lincheng Sub-District, Dinghai District, Zhoushan, Zhejiang Province, to be the storage location of crude oil futures, with an active storage capacity of 220,000 m3 and an approved storage capacity of 440,000 m3.
All concerning parties shall attach great importance to relevant business, so as to guarantee the normal and sound delivery.
Shanghai International Energy Exchange
February 3 , 2021