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Chinese oil companies revise up plans for November refined oil exports

Guangzhou (JLC), November 25, 2024--Chinese oil companies have revised up their plans for November exports of clean oil products (gasoline, diesel and jet fuel), before China cuts its VAT rebate.

11-25-2024 17:20:37

China to cut VAT rebate for refined oil export as from December

Guangzhou (JLC), November 15, 2024--China will cut the value-added tax (VAT) rebate for the export of gasoline, diesel and jet fuel to 9% as from December 1, 2024, down from 13%.

11-15-2024 20:37:09

China’s refined oil exports to diverge in August

China is expected to export 1.37 million mt of gasoline in August, up 29.43% year on year, while diesel exports are estimated at 1.1 million mt, a year-on-year drop of 16.60%, JLC’s data shows.

07-28-2020 17:10:51

China’s May refined oil exports dive as overseas demand slumps

China recorded a whopping drop in its oil product exports in May, as overseas demand was still far below the pre-pandemic level, though some countries were easing restrictions against Covid-19 and reopening their economies.

06-08-2020 15:38:01

Opening up refined oil export becomes topic at “two sessions”

During the “two sessions” held in Beijing in late May, proposal to lift restrictions on refined oil export has sparked heated debate once again. It is expected that refined oil export will be opened up to private enterprises.

05-28-2020 14:43:49

China cuts quotas for processing-trade refined oil exports

China has reduced the second batch of 2020 quotas for processing-trade refined oil exports, as demand from overseas plunges amid ravaging Covid-19 worldwide, according to industry sources.

05-06-2020 18:08:20

Zhejiang Petrochemical likely to get refined oil export quota

Beijing (JLC), March 31, 2020--China independent Zhejiang Petrochemical is likely to become the first integrated refining-chemical enterprise to get the export quota for refined oil, according to the State Council.

03-31-2020 18:14:22

Sinopec ZRCC's Feb refined oil exports surge 69% amid coronavirus

Beijing (JLC), March 25, 2020--Sinopec Zhenhai Refining and Chemical (ZRCC)’s refined oil exports in February surged by 69% from year-ago level to 270,000 mt, according to latest industrial news.

03-25-2020 09:25:44

PetroChina Dagang starts refined oil exports on high stocks

Beijing (JLC), March 24, 2020--PetroChina Dagang Petrochemical shipped a batch of refined oil overseas for the first time on March 18, as it seeks outlets for its refined oil amid the coronavirus outbreak, according to PetroChina.

03-24-2020 17:19:34

China’s refined oil exports to dive on less demand in 2020

China’s refined oil exports are likely to plunge in 2020, because of tumbling demand from the international market amid the spread of the coronavirus worldwide and crashing international prices.

03-16-2020 19:02:45

China boosts quotas for 2020 refined oil exports sharply

Guangzhou (JLC), December 31, 2019--China has set the first batch of quotas for 2020 refined oil exports, permitting 28 million mt of exports, a surge of about 6.51 million mt or 30.3% from the same batch for 2019, according to a document from the country's Ministry of Commerce.

12-31-2019 13:52:57

China to open up refined oil export to private firms

Guangzhou (JLC), December 24, 2019--China will encourage eligible private firms to participate in crude import and refined oil export, according to an official document released on Sunday.

12-24-2019 11:40:47

Guangxi Petchem to cut refined oil exports by 11.8% in December

Guangzhou (JLC), December 6, 2019--PetroChina Guangxi Petrochemical in south China plans to export a combination of 328,000 mt of refined oil, a drop of 44,000 mt or 11.8% from November, according to a source from the company.

12-06-2019 20:02:36

China refined oil exports soar in September

Beijing (JLC), October 23, 2019--China refined oil exports soared to 4.65 million mt in September, up 8.68% from a month earlier and 68.88% from a year earlier, according to the data released by the General Administration of Customs of China.

10-23-2019 15:49:18

China's crude imports up, net refined oil exports halve in August

Beijing (JLC), September 11, 2019--China’s crude imports increased to 42.17 million mt or 9.77 million bbl/day in August, hitting a new high since April, data from the General Administration of Customs (GAC) shows.

09-11-2019 17:44:37

Guangxi Petrochemical to cut August refined oil exports by 25.6%

Guangzhou (JLC), August 19, 2019--PetroChina Guangxi Petrochemical plans to export 215,000 mt of refined oil in August, a drop of 74,000 mt or 25.6% month on month, according to a source from the company.

08-19-2019 17:00:13

Update: China issues third-batch quotas for refined oil export

Guangzhou (JLC), August 15, 2019--The breakdown of this year's third round of quotas for ordinary-trade refined oil export has been released, according to sources from state-owned oil companies.

08-15-2019 10:45:53

China issues third-batch quotas for refined oil export

Guangzhou (JLC), July 24, 2019--China has issued the third batch of 2019 quotas for ordinary-trade refined oil export, permitting six million mt of exports, according to an industry source.

07-24-2019 15:17:49

Guangxi Petrochemical to boost July refined oil export by 4.71%

Guangzhou (JLC), July 15, 2019--PetroChina Guangxi Petrochemical plans to export 289,000 mt of refined oil in July, a boost of 13,000 mt or 4.71% month on month, according to a source from the company.

07-15-2019 14:04:14

China may relax limits on refined oil export quotas for refineries

Beijing (JLC), July 9, 2019--China may relax limits on refined oil export quotas for refineries in a bid to ease the oversupply in the domestic market, according to a top industry official.

07-09-2019 16:11:30

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