Recently, Zhejiang Petroleum Trading Co., Ltd. met the requirements of the qualification for non-state trade import of crude oil after the examination by the Ministry of Commerce. It is currently in the stage of publicity. If there are no other unexpected factors, the non-state trade import enterprises of crude oil will add more members.

In 2019, the non-state trade import quota of crude oil has been lowered. In 2019, 42 local refineries have been approved with 121.12 million tons of crude oil import quota. The cumulative atmospheric and vacuum capacity of the above-mentioned 42 enterprises is 205.8 million tons, and the proportion of import crude oil quota to primary atmospheric and vacuum capacity is 58.8%, basically the same as the current refining operation load. Zhejiang Petroleum Trading Co., Ltd. will be the first China-foreign joint venture to conduct crude oil import trade.

According to Xu Lei, an analyst at Zhongyu information, Zhejiang Petroleum Co., Ltd. is a joint venture of Zhejiang Energy Group Co., Ltd. with 60% of the subscribed capital and Zhejiang Petrochemical Co., Ltd. with 40% of the subscribed capital, while Zhejiang Petroleum Co., Ltd. holds the majority stake in Zhejiang Petroleum Trading Co., Ltd. In terms of its identity, Zhejiang Energy Group is the parent company of Zhejiang Petroleum Company. Although it has the blood of a state-owned enterprise, it is a China-foreign joint venture. It is jointly invested and established by Zhejiang Petroleum Co., Ltd. and Glencore Asia holding private Co., Ltd. Zhejiang Petroleum Trading Co., Ltd. was registered and established in China (Zhejiang) pilot Free Trade Zone in July 2018. It is mainly engaged in the wholesale business of crude oil, refined oil, fuel oil and liquefied petroleum gas, as well as entrepot trade, import and export of goods and technology, crude oil and refined oil reserve management services and consulting services.

Zhejiang Petroleum Trading Co., Ltd. started the first crude oil trading business in February 2019. The successful delivery of 1 million barrels of Iraq Basra heavy crude oil loan opened the operation sequence of non-state trading import of crude oil. Within seven months of its establishment, the trading volume exceeded 4 million tons. On September 26, the trading volume broke through, and the oil trading order volume reached 4.17 million tons, which has already been possessed. The process of non-state-owned crude oil import operation and the system of the whole import trade are improved. Meanwhile, the compliance risk control, financial management and other aspects also have mature and perfect systems. After verification by the Ministry of Commerce, Zhejiang Petroleum Trading Co., Ltd. was allowed to engage in non-state trade import related business of crude oil and made a public announcement. This marks the further expansion of China's crude oil non-state trade import scale. Xu Lei predicted that Zhejiang Petroleum Trading Co., Ltd. would appear in the first batch of national non-state trade import quota of crude oil in 2020.

"Since this year, the allowed volume of non-state trade import of crude oil has increased by 42%, breaking through 200 million tons for the first time, but the quota of local refineries has yet to be observed. Under the influence of environmental protection restrictions and long-term loss of refining profits, some refineries may speed up the pace of crude oil import in the fourth quarter, increase the operating load of refineries, and prepare for the distribution of non-state-owned import quota of crude oil in 2020. " Xu Lei said.

首家中外合资企业获原油进口资格

近日，经商务部审核，浙江浙石油贸易有限公司符合原油非国营贸易进口资格要求，目前处于公示阶段，若无其他意外因素，原油非国营贸易进口企业将再添成员。

2019年原油非国营贸易进口配额已经下放完毕，2019年累计42家地方炼厂获批原油进口配额12112万吨，上述42家企业累计常减压产能在20580万吨，进口原油配额占一次常减压产能的比重达58.8%，基本与目前地炼开工负荷持平。浙江浙石油贸易有限公司将是首家中外合资身份进行原油进口贸易操作的企业。

据中宇资讯分析师许磊介绍，浙江省石油股份有限公司是浙江省能源集团有限公司认缴出资60%与浙江石油化工有限公司认缴出资40%共同成立的，而浙江省石油股份有限公司对浙江浙石油贸易有限公司控股。从它的身份属性来看，浙能集团是浙石油公司的母公司，它虽具有国企的血液，但却属于中外合资企业，由浙江省石油股份有限公司与嘉能可亚洲控股私人有限公司共同投资组建。浙江浙石油贸易有限公司2018年7月份在中国(浙江)自贸试验区注册成立，主要从事原油、成品油、燃料油以及液化石油气的批发业务，以及转口贸易、货物及技术进出口，原油、成品油储备营运管理服务、咨询服务。

浙江浙石油贸易有限公司从2019年2月份开始进行首单原油贸易业务，100万桶伊拉克巴士拉重质原油货款的成功交付，开启了原油非国营贸易进口的操作序列，在成立之初7个月时间内交易量突破400万吨，9月26日完成交易量突破，石油贸易订单量达417万吨，已经具备了原油非国营贸易进口操作的流程和整个进口贸易的制度完善，同时合规风控、财务管理等方面也具备成熟完善的体制。商务部经过核查，允许浙江浙石油贸易有限公司从事原油非国营贸易进口相关业务并进行了公示。这标志着中国原油非国营贸易进口规模进一步扩大。许磊预估在2020年国家第一批原油非国营贸易进口配额中将出现浙江浙石油贸易有限公司的身影。

“今年以来，原油非国营贸易进口允许量暴增42%，首次突破2亿吨，但是地方炼厂完成配额仍有待观察。受环保限制以及炼油利润长期亏损的影响，四季度部分地炼企业或将加快原油进口的节奏，提高炼厂的开工负荷，为2020年原油非国营进口配额的分配做准备。”许磊表示。