China’s independent refiners set to embrace wide variety of Russian crude grades
China’s independent refineries in Shandong province are keen to embrace Russian crude not just in abundance but also variety, with the sector poised to receive multiple sweet crude cargoes loaded from Russia’s Northwestern Arctic region. At least five cargoes, totaling 605,000 mt, or 4.43 million barrels, of crude oil from Russia’s Arctic region are expected to call Shandong ports by…