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Saudi Arabia to retain spot as China's to oil supplier in 2014 but is also about to face some fierce competition

Corp. taking over 80 percent of the supplies. The rest will be split between PetroChina Co. Ltd. and Sinochem Corp.China's crude imports grew 4 percent in 2013, or by an addition of just under 220,000 ... and Sinochem's Quanzhou refineries, with a combined run capacity of 440,000 bpd, are expected online this year ...

15/01/2014 - 08:53 - comment 0