SINGAPORE: Private Chinese mega-refining company Zhejiang Petrochemical Corp (ZPC) has been awarded an additional crude oil import quota of 10 million tons for 2022, a company executive told Reuters on Wednesday.

Separately, state-owned China National Chemical Corp, better known as ChemChina, received 4.28 million tons of additional quotas for the remainder of 2022, according to a trade source with knowledge of the matter.

Sinochem Holdings, parent company of ChemChina, did not immediately respond to an email…

Source link