Industries > Energy

MoC assigns product oil wholesale license to 7 companies

BEIJING
2015-12-01 15:42

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Chinese Ministry of Commerce (MoC) recently assigned product oil wholesale licenses to seven enterprises, said a release by the MoC on Tuesday.

Included are Jiangsu Huifedng Petrochemical Co., Ltd., Hunan Tiancheng Oil Business Co., Ltd., Fuzhou Jiangyin Kingboard Chemical Wharf Co., Ltd., Xinjiangh Zhongji Petrochemical Co., Ltd., CNOOC Marketing Liaoning Co., Ltd., Xinjiang Boyida Petrochemical Co., Ltd. and Jiangsu Guobang Petrochemical Co., Ltd. The MoC also allowed Zhejiang Dongheng Petrochemical Co., Ltd. and Zhoushan Jinrun Petroleum Transit Co., Ltd. to engage in crude oil storage business.

Dalian North Oil Products Storage and Transportation was licensed to market crude oil. Meanwhile, the MoC canceled the product oil wholesale licenses for Chongqing Hangdong Petrochemical Co., Ltd., PetroChina Southwest Marketing Company, Sinopec Hebei Huailai Petroleum Company and Xinxiang Petroleum Sales Company.

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