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原油基本知识——What is the logic behind the design of the choice of delivery locations and the capacities of the storage facilities used for China’s crude oil futures?

时间:2025-06-11

INE’s Designated Delivery Storage Facilities are located at major 


oil ports in the Liaoning Peninsula, Jiaodong Peninsula, Yangtze 


River Delta, and Pearl River Delta. These oil depots include the oil 


terminals of State-owned corporations and terminals which are 


joint venture with domestic and foreign shareholders.


The key elements considered in selecting delivery location are: Oil 


depots need to be in locations where marine tankers can discharge 


their cargo, close to oil reneries or an oil trading hub, and depots 


need to reach a geographical balance between North and South 


China. The list of INE’s designated delivery storage facilities has 


been posted on the website, and INE will keep exploring qualifled 


oil terminals and adding new designated oil terminals in a timely 


manner to meet the market needs.


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