Contact Details

Phone: 010-85871616

Fax: 010-85871617

Email: cieg@cieg.com.cn

Website: www.cieg.com.cn

Address: Floor A, B11, China National Energy Tianrun Wealth Center, No. 58, Dongzongbu Hutong, Dongcheng District, Beijing

Marine Bonded Ship Refueling Projects

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Marine Bonded Ship Refueling Projects



The bonded oil refilling refers to the duty-free oil supply, according to the international practices and under the customs supervision, for domestic and foreign ships berthing in China but leaving for foreign ports. The bonded oil company can directly import fuel oil from foreign countries, which doesn’t account for the domestic fuel oil import quota and can be exempted from duty, consumption tax and value-added tax incurred from import.

With approximately 2-year efforts, the bonded ship refueling project cooperated between the Group and China National Aviation Fuel Group Corporation "CNAF" has been countersigned by 4 ministries and commissions and has been formally submitted by the Ministry of Commerce to the State Council for approval. After approval, the Group will become the 6th domestic company with such license.

By virtue of the shareholder advantages, it is expected that the joint venture between our company and CNAF will reach a sales of RMB 50 billion in the next 5 years.