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China: CNOOC Sales Shenzhen Co., Ltd obtains international bonded bunkering license

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Occasion marks first bonded bunkering license of CNOOC Sales Shenzhen Co., Ltd, which is expected to compete with PetroChina and Sinopec for business in region.
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The following article published by Manifold Times on 4 May was sourced from China’s domestic market through a local correspondent. An online translation service was used in the production of the current editorial piece:

Oil company CNOOC Sales Shenzhen Co., Ltd (CNOOC) has received a bunkering license for international vessels from the Shenzhen Municipal Party Committee and Municipal Government on 21 April, according to a recent statement from Guangdong Oil and Gas Society.

This move supports CNOOC’s goal in becoming an international direct supplier of bonded bunker fuel oil and marks the first time it has obtained the qualification to operate bonded fuel bunkering for ships on international voyages. 

Guangzhou Municipal Government officials in February approved the “Interim Measures for the Administration of Bonded Bunkering of International Voyage Vessels in Guangzhou” which proposes for the establishment of bonded bunkering enterprises to operate in Guangdong province at an executive meeting.

Related: China: Guangzhou approves “Interim Measures” for more bonded bunkering firms
Related: China: Guangzhou bunkering volumes up 183% YTD on policy improvements
Related: Emergence of China’s marine fuels industry challenges Singapore’s dominant position
Related: Shenzhen plans acceleration of domestic and international LNG bunkering business
Related: Chinese government issues bonded bunkering permission at Guangzhou port

 

Photo credit: CNOOC Sales Shenzhen Co., Ltd
Published: 4 May, 2022