Recently, the Brazilian oil tanker “BARAKAH”, laden with 130,000 tons of Atapu deep-sea crude oil, docked smoothly at the 300,000-ton berth of PetroChina Fuel Oil Terminal in Ningbo’s Daxie. The crude oil transportation is not only an important milestone since the establishment of Daxie Petrochemical for 23 years, but also marks the successful opening of the "direct global crude procurement" channel at China National Offshore Oil Corporation’s (CNOOC) refining and chemical base in the Yangtze River Delta region.

The heads of eight departments including Daxie Customs and Maritime Affairs jointly witnessed this pivotal moment reshaping the energy landscape of East China. “This shipment of crude oil represents a breakthrough of Daxie Petrochemical’s independent procurement!” Yu Qun, chairman of Daxie Petrochemical, said excitedly. Since Daxie Petrochemical obtained the qualification for importing crude oil from China’s National Development and Reform Commission in September 2024, the company has gone through nine months of preparation work such as global sourcing, business negotiation and logistics coordination, and finally realized the transition from “centrally allocated supplies” to “global procurement”.

It is understood that the successful unloading of the first shipment of imported crude oil provides a strong guarantee for Daxie Petrochemical’s upcoming refining and petrochemical integration project, a key investment project that will be officially put into operation in July. Upon operation, its annual crude oil processing capacity can reach 12 million tons. The independent procurement of 130,000 tons of Brazilian crude oil verifies the company’s ability to acquire international resources while reserves sufficient raw materials for the commissioning of the refining and petrochemical integration project, thus improving the company’s market competitiveness and anti-risk capability.(Reporter Liu Wei, Correspondent Chen Ke, Chen Xiaojiao and Zheng Kaiwei)