ResearchPolicy2026-10-26
Crude Import Allowance Tightens: No Performance in Two Years Means No New Quota; Transfer and Lending Banned
The ministry ties non-state crude import allowances to utilization performance — two straight years without use means no allocation the next year. The allowance is an administrative grant and cannot be transferred, lent or held on behalf of others. SNSUC enters as an offshore SPV supplier rather than an import principal.