China issues 1.9 million mt gasoil export quota

摘要

Singapore—The Chinese government has issued a gasoil export quota of 1.9 million mt to state-owned traders Chinaoil and Unipec, sources said Friday. Unipec, the trading arm of state-owned China Petroleum and Chemical Corp., or Sinopec, is understood to have been awarded a quota of 1.28 million mt, while China National Petroleum Corp.’s trading entity Chinaoil has been awarded a quota of 620,000 mt, the first quotas issued this year, market sources said.