Sinopec Rebuffs Reports of Stopping Refined Oil Imports, an Industrial Info News Alert
Posted on: Tuesday, 26 August 2008, 06:00 CDT
Researched by Industrial Info Resources (Sugar Land, Texas) -- According to personnel of China Petroleum & Chemical Corporation (NYSE:SNP) (Sinopec) (Beijing), the recent reports stating that the company will stop importing refined oil are not entirely accurate. The reports had cited a managing official as saying that China's domestic fuel market is no longer experiencing a shortage and that Sinopec will stop refined oil imports.
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