2019 China 1st Batch Oil Export Quotas Released

SCI99

2018-12-28

2019 China 1^st Batch Oil Export Quotas Released

China’s first batch of refined oil export quotas under general trade for 2019 have been released by the Ministry of Commerce. The total export quota is 18.36 million tons, up 13% year-on-year.

PetroChina, Sinopec, CNOOC and Sinochem share the export quotas with 6.09 million tons, 8.30 million tons,1.84 million tons and 2.13 million tons respectively.