The Shanghai International Energy Exchange has approved an increase in the active storage capacity of our crude oil futures delivery warehouse at Sha Tuozi, New Port, Dalian.
The approved active capacity increased from 100,000 m³ to 200,000 m³ with effect from the date of the INE notice, 20 October 2025.
We will conduct relevant futures-delivery warehouse activities in accordance with applicable INE rules, approved procedures and operational requirements.
The approval relates specifically to INE crude oil futures delivery warehouse capacity. It does not represent a statement of general commercial storage availability.