IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jan 2011 | Removal date: open ended
Still in force

Import licensing requirement

In November 2010, the Chinese government added 58 non-state firms to the roster of those allowed to import fuel oil for refining (see below for full list).

Chinese policy dictates that non-state importers must acquire this permission to carry out any fuel oil imports, ensuring state-run firms have an advantage.

In order to qualify for these licenses, independent firms must satisfy various conditions, mainly relating to the size of the firm, e.g. it must have a credit line of USD 20m (specifically USD, not Chinese RMB) and be prepared to import a minimum of 50,000 tons of fuel oil per year.

The total non-state national fuel oil import quota is 16.2m tonnes.

List of firms:

  1. China Aviation Oil Import and Export Co., Ltd.
  2. China National Materials Import and Export Co., Ltd
  3. Sinopec Zhonghai Ship Fuel Supply Co., Ltd.
  4. General International Trade Co., Ltd.
  5. Chongqing Foreign Economic and Trade (Group) Co., Ltd.
  6. China Aviation Oil Group Shaanxi Petroleum Co., Ltd.
  7. Settlement Trading (Yangzhou) Co., Ltd.
  8. Zhejiang Zhongying Investment Co., Ltd.
  9. Zhejiang Property Petrochemical Co., Ltd.
  10. Zhejiang Jianqiao Energy Development Co., Ltd.
  11. Changchun Xinda Petroleum Group Co., Ltd.
  12. Yunnan Yuntianhua United Business Co., Ltd.
  13. Yantai City Supply and Marketing Oil Company
  14. Xinjiang Zhongyou Chemical Group Co., Ltd.
  15. Xi'an Neutral Petrochemical New Technology Co., Ltd.
  16. Weihai Huayue Group Co., Ltd.
  17. Tianjin Port Free Trade Zone Hongfa International Trade Co., Ltd.
  18. Tianjin North Petroleum Co., Ltd.
  19. Tangshan Bohai Petroleum Co., Ltd.
  20. Suifenhe Runfeng International Trade Co., Ltd.
  21. Suifenhebei Oil Chemical Co., Ltd.
  22. Shandong Jincheng International Trade Co., Ltd.
  23. Shandong Huifeng Petrochemical Co., Ltd.
  24. Shandong Haike Chemical Group Co., Ltd.
  25. Shandong Guoneng Petrochemical Import and Export Co.
  26. Shandong Highway Heavy Crossing Co., Ltd.
  27. Shandong Dongchen Import and Export Co., Ltd
  28. Xiamen Xiangyu Co., Ltd.
  29. Xiamen Huadonghai Petroleum Storage Co., Ltd.
  30. Rizhao Lushan Baoli Petroleum Co., Ltd.
  31. Qingdao Anbang Petrochemical Co., Ltd.
  32. Linyi Shiyuan Import and Export Co., Ltd.
  33. Liaohe Oilfield Import and Export Corporation
  34. Jinao Technology (Hubei) Chemical Co., Ltd.
  35. Jilin Zhongzhou Energy Import and Export Co., Ltd.
  36. Huaxia International Petroleum Co., Ltd.
  37. East China Blue Ocean Petrochemical Group Co., Ltd.
  38. Hubei Shuanghuan Technology Co., Ltd
  39. Heilongjiang Oceanic International Trade Co., Ltd.
  40. Harbin Railway Bureau Foreign Economic and Technical Cooperation Corporation
  41. Guangzhou Yuanheng Energy Co., Ltd.
  42. Guangdong Petroleum Enterprise Group Corporation Southern Petrochemical Co., Ltd.
  43. Dongying Shenghong Real Estate Development and Investment Co., Ltd.
  44. Dongying Kailai Import and Export Co., Ltd.
  45. Beijing Zhongyou Changda Petroleum Co., Ltd.
  46. Xinjiang Sanda International Trade Co., Ltd.
  47. Xinjiang Wanda Co., Ltd.
  48. Xinjiang Yaxin International Trade Co., Ltd.
  49. Xinjiang Weilong Energy Development Co., Ltd.
  50. Xinjiang Huashiyu Industry and Trade Co., Ltd.
  51. Xinjiang Aoshengyuan International Trade Co., Ltd.
  52. Xinjiang Zhongyu Bioenergy Co., Ltd.
  53. Xinjiang Modern Petrochemical Co., Ltd.
  54. Xinjiang Huaye Chemical Development Co., Ltd.
  55. Horgos PetroChina International Industrial Co., Ltd.
  56. Xinjiang Xinghai Tengda International Trade Co., Ltd.
  57. Xinjiang Jinta Investment (Group) Co., Ltd.
  58. Urumqi International Economic and Trade Company Alashankou Company

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

333 Petroleum oils & oils of bituminous materials, other than crude
2710 Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic con
271019 Other

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