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Home > News > Valuable News > Qingdao port starts the blending and blending business of bonded crude oil

Qingdao port starts the blending and blending business of bonded crude oil

ECHEMI 2020-02-17

On January 19, workers passed through the oil storage area of Dongjiakou initial station of Dongwei pipeline at Qingdao port crude oil wharf. On the same day, crude oil from Angola and other countries in Africa was mixed and blended at the crude oil terminal of Qingdao port, Shandong Port, marking the official start of the mixed and blended business of bonded crude oil in Qingdao port. After purchasing crude oil from all over the world, refineries usually can't use it directly, but need to mix and mix it according to different production devices and product requirements. Before that, the crude oil mixed in Malaysia and Singapore was used by the local refining enterprises in China, which has some disadvantages such as higher freight and higher price of crude oil on CIF. The development of crude oil blending and blending business will reduce the purchase cost of enterprises and better meet the needs of customers in the quality and quantity of bonded oil. 

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