NEWS
|
Industry news
|
|
U.S. First Western Country To import Chinese Gasoline
The U.S. has become the first country west of the Suez Canal to receive Chinese gasoline exports, says the London-based Energy Aspects. In a note the think-tank says that the shipment from Chinese refiner Sinochem Hongrun showed up in June customs data. China is ramping up its gasoline output, which was up 120,000 barrels a day month-on-month in June and 69,000 b/d year-on-year at 3.12 million b/d in June. Much of the new production is coming from independent refiners, known as teapots, which were finally allowed licenses to both import crude and export products by Chinese authorities in 2015.
Previous:No more! |
|
|