China sets minimum size for new refiners as it caps overall

China sets minimum size for new refiners as it caps overall capacity

BEIJING/SINGAPORE :China has set a minimum size for new oil refineries and will ban small crude processors that claim to be chemicals or bitumen producers under its plan to limit total capacity at 1 billion metric tons by 2025, its state planner said on Wednesday.China, the world's top crude oil importer, fir

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