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Sinopec to export 115,000mt of gasoil from S. China in Mar, up 53% on month

Mar 11, 2010 16:32 PM

C1 Energy (Shanghai) – Mar 11, 2010 ---Sinopec is scheduled to export 115,000mt of gasoil from South China in March, up 40,000mt or 53% from February, said sources with refineries affiliated to the oil giant.
Destination of the exports was Macao, according to the sources.
Of the exports, 70,000mt will be from Hainan refinery, 35,000mt from Guangzhou Petrochemical and 10,000mt from Maoming Petrochemical.
The major increased exports in March in a bid to ease hefty stock in Guangdong, as Hainan refinery has wrapped up turnaround, market sources pointed out.

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