The supply of bonded bunker fuel oil in Zhoushan, where China (Zhejiang) Free Trade Zone is located, reached 3.59 million metric tons in 2018, making it one of the world's top 10 oil supply ports, recently released statistics from the Zhejiang FTZ show.
Zhejiang FTZ has seen remarkable progress made over the past year in its whole oil & gas industrial chain.
The 500-kilovolt submarine cable laid between Ningbo and Zhoushan proved ready for operations.
Phase 2 construction of China's first private LNG import terminal started on Dec 25 at the China (Zhejiang) Pilot Free Trade Zone (FTZ) in Zhoushan.
Zhoushan aims to introduce at least 100 cosmetic companies and import 5,000 new arrivals of non-special-purpose cosmetics worth $1 billion by 2021.
A conference for Wenzhou merchants was held in China (Zhejiang) Pilot Free Trade Zone in Zhoushan on Dec 7.
Aoshan Oil Reserve Base witnessed its oil throughput topping 30 million metric tons this year by Dec 4.
The National FTZ Broadcasting Union, the first of its kind in China, was founded in Zhoushan on Nov 29.
A center for settling maritime and commercial disputes was launched on Nov 27 in Zhejiang FTZ.
Ningbo-Zhoushan Port witnessed rapid growth in cargo throughput during the period between January and October
Zhoushan's policy of making talent attraction a top priority in recent years has started to bear fruit.
Zhejiang FTZ is expecting its oil products storage capacity to surpass 40 million cubic meters by 2020.
A warehouse receipt for 380CST bonded bunker fuel futures was issued by Sinochem Xingzhong Zhoushan.
The Matchmaking Conference of Zhejiang International Agricultural Product Trade Center opened in Shanghai on Nov 8.
ENN Zhoushan LNG Import Terminal owned by the private Chinese gas distributor ENN Group entered commercial operation on Oct 19
Agreements on 25 projects worth 165.6 billion yuan ($23.87 billion) were signed at IPEC 2018 in Zhoushan on Oct 18
Premier Li Keqiang inspected the comprehensive service hall of Zhejiang FTZ on Sept 27
The implementation plan for building an international oil trade center in Zhejiang FTZ gained government approval.