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|China to deploy supertankers to drain crude product glut|
China’s biggest refiner is eyeing a creative strategy to help rid Asia of a persistent diesel glut -- brand new supertankers usually reserved for crude oil. Unipec, the trading arm of China’s biggest oil refiner Sinopec Group, hired a newly-built very large crude carrier to load low-sulphur diesel in Asia for delivery to Europe.
Posted: 2020-11-14 05:24:00
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