BEIJING (Reuters) - China’s top oil refiner Sinopec Corp said on Friday it processed U.S. crude oil for the first time at the end of May at a subsidiary plant and is due for a second shipment this month.
“This is the first time Sinopec has processed U.S. crude oil. It was also the first U.S. crude oil exports to China after its lifting of a 40-year ban,” Sinopec said in a statement emailed to Reuters.
Sinopec’s Maoming refinery in southern China received a shipment of 42,000 tonnes U.S. high sulfur crude blend in early May and is expected to receive a second shipment of 130,000 tonnes on June 20, the statement said.
Reporting by Chen Aizhu and Beijing newsroom; Editing by Tom Hogue