Entity

It was founded in 1965. Its predecessor was the Dagang Oilfield Refinery. In 2000, it was reorganized and restructured into a refining and chemical regional company directly under China National Petroleum Corporation. The company has a crude oil processing capacity of 5 million tons/year, and has two production lines for fuel oil and lubricating oil. It can produce more than 40 products in 11 categories, including various types of gasoline, diesel, lubricating oil, liquefied gas, propylene, low-sulfur petroleum coke, MTBE, etc. The company has three storage areas, namely the factory oil depot, Qianmiqiao oil and gas storage and transportation depot, and Nanjiang oil depot, and has multiple storage and transportation methods such as pipeline transportation, road, railway, and sea transportation. (Source)