CNOOC Imports First Cargo of Diesel

Monday, January 10, 2011

According to a Jan. 8 report from Reuters, China National Offshore Oil Corp (CNOOC), the country's third-biggest oil company, imported its first cargo of diesel recently, joining its bigger rivals in oil product trading. CNOOC, parent of CNOOC Ltd , imported 27,000 tonnes of diesel from South Korea and sold it in eastern China to ease a local diesel shortage.

(Source: Reuters)

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