Shanghai International Energy Exchange
Notice on the Approval of Three Backup Delivery Storage Facilities for Crude Oil Futures
INE Circular [2018] No. 4
On February 13, 2018, Shanghai International Energy Exchange (hereinafter referred to as “the Exchange”) has approved Dalian Port (PDA) Company Limited, Yingkou Port Xianrendao Wharf Co., Ltd., and CNOOC Yantai Port Petrochemical Terminal Co., Ltd. as backup delivery storage facilities for crude oil futures bonded delivery pursuant to the Delivery Rules of the Shanghai International Energy Exchange and other applicable rules.
As of the listing of crude oil futures, the firms mentioned above shall make all the preparations for the services of backup delivery storage facility. The Exchange will, if necessary, activate the backup delivery storage facilities in due time.
Shanghai International Energy Exchange Co., Ltd.
February 13, 2018