Greater China

CNOOC granted permission to export oil products

Shanghai: China National Offshore Oil Corp (CNOOC) has received a quota from the government to export about 100,000 tonnes of oil products in the second half of the year, its first such permit, according to Reuters.

CNOOC will be able to export diesel, kerosene, gasoline and naphtha in a move designed to add some competition to Sinopec and PetroChina.  [28/08/14]

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