Dalian wins tax exemption for exports using ESPO

摘要

Singapore—PetroChina’s 20.5 million mt/ year (411,684 b/d) Dalian refinery has won tax exemption on exports of oil products produced from pipeline ESPO crude imports—a move that is expected to see the state-owned giant’s largest refinery push out more products in the overseas market. The refinery won this permission, referred to as tolling trade license, in late August and exported its first cargoes of jet fuel and gasoil produced from pipeline ESPO imports in early September, the company said Tuesday.