The highly viscous crude oil from Shuguang No. 1 zone of Liaohe oilfield features high density,high viscosity and low wax content. It contains no gasoline fraction and its diesel oil fraction yield is only 7.19%, which belongs to the low sulfur naphthenic stocks crude oil. Its heavy fraction is not suited for producing lubricating oil. Its heavy oil, which contains more resins and asphaltenes and less wax, is not an ideal feedstock for catalytic cracking, but is the ideal raw material for producing high-grade paving asphalt.Now this highly viscous crude oil is used as fuel oil after being emulsified in Liaohe oilfield, but its viscosity is so high that it cannot be atomized uniformly and burned completely, resulting not only in waste of oil resource but also in reduction of economical benefit. To make full use of this oil resource and alleviate the shortfall of high grade paving asphalt in China, various brands of asphalt meeting Q/SHR003-1998and ESSO specifications were developed by blending vacuum residue of the said oil and a blending component which are rich in aromatics and deficient in wax. The impact of blending component on properties of blended asphalt has been investigated and road performances of these blended asphalts were studied. The laboratory test results show that the blended asphalts have good road performance and antiaging property.