China raises 2023 fuel oil import quotas by 3 mil mt to allow feedstock purchases

Capt. John

China has raised its 2023 fuel oil import quotas by 3 million mt for non-state-run enterprises, the Ministry of Commerce announced Nov. 27, which will allow independent refineries to bring in more barrels as alternative feedstock for the remainder of the year. MOFCOM said on its website that...

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/112723-china-raises-2023-fuel-oil-import-quotas-by-3-mil-mt-to-allow-feedstock-purchases

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