ResearchPolicy2026-10-29
Three hard gates to crude-import rights: wharf, tankage, track record - the refiner shakeout enters its second half
Crude-import rights are not the quota itself but a license bundle - wharf capacity at least 50kt, tankage at least 200k m3 and a recent track record. The gates shut out unintegrated independents; SNSUC, as an offshore SPV supplier, plugs into qualified refiners and sidesteps the threshold.