With an entirely new perspective on innovation in the crude oil business, SPG has managed to achieve a slew of breakthroughs since 2020 involving the blending of bonded crude oil, international crude oil transshipments, and bonded ship oil supplies, providing new opportunities and bringing new growth.

This designated delivery depot for crude oil futures will promote integration between world-class refining industrial clusters and world-class port resources in Shandong province, take full advantage of SPG's comprehensive services, which include port handling, crude oil storage, pipeline transportation, and effective connectivity with inland tank fields.

It will also boost our confidence in fighting the ongoing pandemic, continuing to make development progress, attract more investors to SPG, and build a new "East-West Connection, Land-Sea Linkage".

[Photo provided to chinadaily.com.cn]