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China issues 107.4 mil mt in first batch crude import quotas for 2022 | Hellenic Shipping News Worldwide

China’s Ministry of Commerce has issued 107.4 million mt in crude import quotas to 36 qualified independent and non-major state-owned refineries in the first batch for 2022, falling 9.4% from the same batch in 2021, refining sources told S&P Global Platts Dec. 30. This is the first year-on-year reduction in the first batch crude quota . ....

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