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Sinopec’s Jinling refinery exported a cargo of 35,600 tonnes of gasoline from its Nanjing plant to Singapore on May 12, marking its first light distillate shipment to a foreign destination, the company said in a statement on Monday.
Sinopec is boosting exports of a range of refined fuel products to ease a build-up of domestic supplies, the company said via its official newspaper.
China raised fuel export quotas by 30% in its latest allocation as record refinery output exceeds domestic demand for fuel.
Source: Reuters (Reporting by Meng Meng and Aizhu Chen; editing by Richard Pullin)
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