Shandong Yulong Petrochemical: Russia Operations Status & Business Impact
LeaveRussia detail: Continue Operations
Shandong Yulong Petrochemical is a large, modern Chinese oil and gas company with a major refinery and petrochemical complex in Yantai, Shandong Province. The company is a significant purchaser of Russian crude oil but has recently been subject to sanctions from the EU and the UK, which has affected its oil supply chain. In response to the supply gap caused by sanctions and to manage its operations, Yulong has been increasing its purchases of Russian oil and also seeking alternative grades from other regions, such as West Africa.
Decision trail
Decision date 05/11/2025 · Reference ↗
China's Shandong Yulong Petrochemical is ramping up imports of Russian oil to make up for supply cancellations after Britain placed sanctions on the refiner over its Russian crude purchases. Sinopec and PetroChina Co. are staying away, having canceled some Russian cargoes after U.S. sanctions on Rosneft and Lukoil last month. Smaller private refiners, known as “dummies,” are also holding back, fearing similar penalties, as is Shandong Yulong Petrochemical Co., which was recently blacklisted by the United Kingdom and the European Union.
Status history since 2022
- 03/08/2026 — operating · Imported from KSE LeaveRussia
Possible sanctions matches
Name-based matches against EU/US/UK lists — verify identity before drawing conclusions.
Exposure profile
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Start 7-day Pro trialGeopolitical context and sanctions impact
Shandong Yulong Petrochemical is a Energy, Oil & Gas company based in China. Current Russia status in our dataset is operating: continued operations in Russia remain a compliance, reputational and counterparties risk for EU and allied firms. Eastern Europe Impact translates those facts into business consequences — sanctions screening, supply-chain exposure and reconstruction-side opportunity — with transparent confidence labels rather than speculation.
Risk assessment and how to use this profile
Start with the status badge and decision trail, then check possible sanctions matches and recent events mentioning Shandong Yulong Petrochemical. A 7-day Pro trial adds watchlists so you are notified if Russia status, designations or linked events change. Full exposure maps (energy, transport, commodities) are on Professional. This page is risk information, not legal or investment advice.
Questions about Shandong Yulong Petrochemical
What kind of data does Eastern Europe Impact provide on Shandong Yulong Petrochemical?
- Eastern Europe Impact publishes verified intelligence on Shandong Yulong Petrochemical's Russia status: current operating posture, sources (including the KSE LeaveRussia project), status history since 2022, sanctions-list matches, and linked events. Each profile is risk information for compliance and due diligence — not legal advice.
How can Eastern Europe Impact data on Shandong Yulong Petrochemical help my business?
- Use the Shandong Yulong Petrochemical profile to check counterparties, suppliers and customers for Russia exposure, sanctions proximity and recent events before you contract, ship or invest. Watchlists alert you if the status or designations change.
How do we verify the information on Shandong Yulong Petrochemical?
- We compile public reporting, company statements and the KSE LeaveRussia dataset, then label uncertainty. Status is not a legal determination — verify against primary filings and counsel before acting. Corrections go to corrections@easterneuropeimpact.com.
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