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China's Unipec set to resume US crude oil imports 'very soon': executive

From spglobal.com

Chinese state-owned Unipec, the country's biggest importer of US crude, will resume imports from the US "very soon" and the volumes will likely be significant, a senior executive told S&P Global Platts. "[We] will resume imports from US very soon, and now we are in talks with relative [Chinese government] ministries about the matter," the executive, who declined to be named, said. The executive did not provide details but said that once the purchases begin the volumes will likely be significant. Unipec -- the trading arm of Sinopec, the world's biggest refiner by capacity and throughput -- is the state-owned ... (full story)

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