NEWS： China issues 18.36 million tons of refined oil exports

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Two sources familiar with the situation said that China was about to issue the first batch of export quotas for finished oil products to four state-owned oil companies in 2019, totaling 18.36 million tons.
These quotas were issued by the Ministry of Commerce, a source said, including 8.7 million tons of diesel, 5.19 million tons of gasoline and 4.47 million tons of kerosene.
The quotas will be distributed to four state-owned oil companies, including Sinopec, PetroChina Group, CNOOC and Sinochem, according to two sources.


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