The removal of destination restrictions will bring additional value to customers and to Adnoc, Mr Salmeen said.
The company also published its first Murban Export Availability report on its onshore subsidiary s website. The report will allow market participants to have an insight into available volumes for 12 months. That s an extremely important step because [what] it does [is to] give everybody a clear, similar visibility, around the export availability of Murban to the international market, Mr Salmeen said.
Adnoc s Murban crude futures will begin trading on March 29 following its switch from retroactive pricing to forward pricing last year.
ICE Futures Abu Dhabi will start trading its flagship futures contract and a range of related cash derivatives against the widely-traded Brent and West Texas Intermediate contracts this month.
اخبار الامارات اليوم أدنوك تواصل جهودها لتعزيز مكانة خام مربان وجعله مؤشراً سعرياً موثوقاً في أسواق النفط العالمية
bwabtk.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bwabtk.com Daily Mail and Mail on Sunday newspapers.
وكالة أنباء الإمارات - أدنوك تواصل جهودها لتعزيز مكانة خام مربان وجعله مؤشراً سعرياً موثوقاً في أسواق النفط العالمية
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CIMC Enric and Hexagon Purus today signed two joint venture (JV) agreements that encompass cylinder and systems production for Fuel Cell Electric Vehicles (FCEVs) and hydrogen distribution in China and Southeast Asia.
The Chinese market for Fuel Cell Electric Vehicles (FCEVs) is expected to grow to become the largest global market over the next decade and beyond.
Initially, the CIMC-HEXAGON JVs will expand CIMC Enric s existing production and systems capacity for Type 3 (T3) cylinders and in parallel install Type 4 (T4) cylinder production and systems capacity for the Chinese market.
The JVs expect to start production of high-pressure T3 fuel storage in 2021.
(2)
CIMC Enric and Hexagon Purus today signed two joint venture (JV) agreements that encompass cylinder and systems production for Fuel Cell Electric Vehicles (FCEVs) and hydrogen distribution in China and Southeast Asia.
The Chinese market for Fuel Cell Electric Vehicles (FCEVs) is expected to grow to become the largest global market over the next decade and beyond.
Initially, the CIMC-HEXAGON JVs will expand CIMC Enric s existing production and systems capacity for Type 3 (T3) cylinders and in parallel install Type 4 (T4) cylinder production and systems capacity for the Chinese market.
The JVs expect to start production of high-pressure T3 fuel storage in 2021.