Two Sinopec refineries to hike exports

摘要

Singapore—Sinopec’s Maoming refinery, China’s largest, plans to boost oil product exports about 24% in October from the previous month, its Zhenhai refinery by 19%, while overseas sales from its Hainan refinery are expected to be down nearly 8%, refinery sources said. The 23.5 million mt/year, or 470,000 b/d, Maoming refinery in southern Guangdong province plans to export 204,000 mt of products, up from 165,000 mt in September, a refinery source said Wednesday.