VLCC Chartered By Petrobras Will Deliver First Oil Cargo In China In 1 Month

Written by Paulo Nogueira

Published on 24/05/2019 at 10:57

Updated on 28/05/2019 at 19:23

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After Agreement Signed Between Petrobras and Shondong in December 2018 for China to Increase Its Crude Oil Supply, the First Transaction Will Be Completed by June 24

Petrobras is set to deliver a VLCC crude oil cargo to storage facilities it leased at the port of Qingdao in Shandong province, eastern China, by the end of June, according to a port source familiar with vessel tracking data.

This will be the first cargo delivered by Petrobras to its bonded storage facilities in Shandong after signing the contract in December, in line with the company’s plans to increase crude oil supply to China by leasing bonded storage at the independent refining hub and offering a new grade of crude.

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VLCC Chartered By Petrobras Will Deliver First Oil Cargo In China In 1 Month

After Agreement Signed Between Petrobras and Shondong in December 2018 for China to Increase Its Crude Oil Supply, the First Transaction Will Be Completed by June 24

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VLCC Chartered By Petrobras Will Deliver First Oil Cargo In China In 1 Month

After Agreement Signed Between Petrobras and Shondong in December 2018 for China to Increase Its Crude Oil Supply, the First Transaction Will Be Completed by June 24

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

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