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CN Asks Private Refineries to Maintain Gasoline/ Diesel Output: Rumor
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Chinese officials have informed private refining enterprises that ensuring domestic fuel supply is the top priority, and that gasoline and diesel output must reach at least the 2025 levels regardless of the cost, Bloomberg quoted sources as saying. It is understood that, if refineries lower their operating rates and production capacity, they will face corresponding cuts to oil import quotas in the coming years. Auto-translated by AI AASTOCKS Financial News |
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