Chinese ministry meets refiners for update on Russia’s oil trade sources | – #Chinese #ministry #meets #refiners #update #Russias #oil #trade #sources
SINGAPORE, Feb 17 (Reuters) – China’s commerce ministry with independent oil refiners Russia billions to Chinese buyers of imports, five sources familiar with the matter said dollars He said he was saving.
China and India of the West Russia buys at deep discounts due to the sanctions imposed on its oil and recent embargoes and price restrictions.
Sources said that last week 10During discussions with an independent oil refinery near prices interested in
Officials also asked processors if they faced any hurdles in these operations.
“The government wants to understand how much independent refiners can buy and their real appetite for such imports,” said a source with direct knowledge of the discussions.
They refused to name the sources because the discussions are not open. The ministry did not respond to a request for comment.
Latest UpdatesBusiness CategoryOil prices fell 1.5% during the week on recession worries, article with imageBusinesscategoryDutch government Bergermeer gas has raised the filling target for its warehouse to 90%, picture article
See 2 more stories
Russia “Officials wanted to manage the basics on the ground, so when China contacts Russia, the government knows what to talk about,” said a senior Chinese oil source.
Conversations of parliament It comes as China prepares for its annual congress next month and a possible state visit to Russia by Chinese President Xi Jinping.
Also, China’s top diplomat Wang Yi to Russia during his current visit to Europe trip will do, the Ministry of Foreign Affairs said.
Three of the sources said the ministry refused to issue any instructions on Russian oil deals.
STATE OIL OILS
The ministry also met with state-owned refiners this month to discuss China’s refined fuel trade policy, which Beijing relaxed late last year to encourage exports, the sources said.
A third source said that Russia’s fuel exports, which took effect on February 5 Europe State processors were also asked about the effect of the embargo on Chinese exports.
China imported 1.73 million barrels of Russian crude oil per day in 2022, which is 8.3% more than the same period last year.
Top state-owned refiners PetroChina and Sinopec to return to concessional offshore in late 2022 after brief hiatus way are resuming purchases of Russian crude oil transported by , but are being careful to only buy cargoes on a delivery basis.
Reporting by Chen Aizhu and Jing Xu; Edited by Florence Tan and Jason Neely
Our standards: Thomson Reuters Trust Principles.
2023-02-17 15:47:55
Source – reuters
Translation“24 HOURS”