Oil market management approach

The Commerce Department Order No. 24 of 2006

"Oil market management approach" was on December 4, 2006 by the Ministry of Commerce agreed to adopt£¬Now it has been published since January 1, 2007 implementation started.

Minister£ºBo xilai

On December 4, 2006

Table of Contents:

First Chapter: General principles

Chapter 2: The license for oil operating

Chapter 3: original oil sales, warehousing procedures and permit review period

Chapter 4: Crude oil sales, warehousing approval certificate issued and change

Chapter 5: Supervision and management

Chapter 6: legal responsibility

First Chapter: General principles

(1) Strengthen market supervision and management, standardize the operational behavior of original oil, crude safeguard market order, protecting consumers and oil companies operating the legitimate rights and interests.

(2) The oil business activity should abide by relevant laws regulations and the way in the People's Republic of China.

(3) National implementation of the oil business license system.

(4) This approach refers to the alleged crude oil in the area of jurisdiction and mining production of crude oil and crude oil imports.

Chapter 2: The license for oil operating

(5) For original oil sales, warehouse management eligible enterprises, the provincial seat of government to the competent departments for business.

(6) Original oil sales for qualified enterprises should have the following conditions.

1, The main applications for the Chinese enterprises should have a juridical person and the registered capital is not less than 100 million RMB.

2, There are long-term and stable supply channels.