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COVID-19 - News digest as of 24.09.2021

September 24/2021

1. Lower diesel exports from China proving a boost to Asia refiners

MOSCOW (MRC) -- Slumping diesel exports from China are proving a boon to other refiners in Asia, with the profit from producing the fuel rising to the highest in 18 months, reported Reuters. China has been Asia's second-highest exporter of gasoil, the building block for middle distillate fuels that include diesel, heating oil and jet kerosene, but its shipments have slumped in recent months amid lower refinery processing and a lack of export permits. China's diesel exports dropped in August to the lowest since May 2015, slumping to 540,000 tonnes, equivalent to about 135,000 barrels per day (bpd), from 1.39 million tonnes in July, according to official customs data released on Sept. 18. Diesel exports have been on a downward trend since March this year, when they were 2.81 million tonnes, or about 680,000 bpd. The total for the first eight months of the year is now 3.5% below the same period in 2020.

http://www.mrcplast.com/news-news_open-393360.html


mrcplast.com
Author:Margaret Volkova
Tags:crude and gaz condensate, COVID-19, China.
Category:General News
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