The Business Times

Sinopec says began processing first US crude oil at end-May

Published Fri, Jun 3, 2016 · 05:33 AM
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[BEIJING] China's top oil refiner Sinopec Corp said on Friday it processed US crude oil for the first time at the end of May at a subsidiary plant and is due for a second shipment this month.

"This is the first time Sinopec has processed US crude oil. It was also the first US crude oil exports to China after its lifting of a 40-year ban," Sinopec said in a statement emailed to Reuters.

Sinopec's Maoming refinery in southern China received a shipment of 42,000 tonnes US high sulphur crude blend in early May and is expected to receive a second shipment of 130,000 tonnes on June 20, the statement said.

REUTERS

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