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4 months ago
China grants two independent plants import quotas for total of 4.08 mln tonnes of crude oil
April 5, 2017 / 2:46 AM / 4 months ago

China grants two independent plants import quotas for total of 4.08 mln tonnes of crude oil

1 Min Read

BEIJING (Reuters) - China has granted two independent refiners crude oil import quotas for a total annual volume of 4.08 million tonnes, the National Development and Reform Commission (NDRC) said in two separate statements on Wednesday.

Henan Fengli Petrochemical Company was awarded a quota for 2.22 million tonnes, while Shandong Zhonghai Chemical Group Co were given quotas for 1.86 million tonnes, the state planner said in the statements on its website.

Reporting by Lusha Zhang and Chen Aizhu; Editing by Joseph Radford

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