Qingdao Refining & Chemicals makes its first purchase of Angolan Kindango crude oil
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Recently, the oil tanker Ocean Glory, carrying 124,200 tons of Angolan Kindango crude oil, successfully berthed at the Shihua Crude Oil Terminal in Qingdao Port. This is the first time Qingdao Refining & Chemical has imported this type of oil; as a result, the number of new oil types purchased by the company since its operation began has risen to 52. Angola’s Kindango crude oil is a light-grade oil with low sulfur and low acidity; it features a low pour point and low viscosity, offering good cost-effectiveness and significant advantages in the field of crude oil processing. In recent years, Qingdao Refining & Chemicals has paid close attention to the developments in the international crude oil market. By promptly analyzing market changes and assessing industry trends, it adjusts its procurement strategies to continuously introduce new oil varieties with high cost efficiency. On this basis, the company further optimized its crude oil refining processes, shifting the procurement approach from a passive model of \"buying whatever oil is needed for refining\" to an active approach of \"buying the oil required for refining.\" This change played a positive role in adjusting the crude oil processing structure, maximizing processing efficiency, and ensuring the stable operation of the facilities.
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