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China's Huajin Petrochemical exports rare diesel cargo under new quota

Published 12/15/2020, 12:10 PM
Updated 12/15/2020, 12:20 PM
© Reuters.

SINGAPORE, Dec 15 (Reuters) - China's Huajin Petrochemical
Corp, a unit of state defence conglomerate Norinco, is set to
load a diesel cargo this week for export under a newly obtained
government quota, an industry official with knowledge of the
matter said on Tuesday.
The 42,000-tonne cargo to be loaded at Yingkou port in
northeast China is one of the refinery's few export shipments as
it utilises fresh fuel quotas Beijing granted earlier this month
for use by the end of 2020.
The cargo, of 10 parts per million sulfur content, is
destined for the Philippines, said the source, who declined to
be named because he's not authorised to speak to the media.

 

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