China’s second batch of LSFO export quotas for 2022 rises 8% on year: sources
Beijing has allocated 3.25 million mt of oil product export quota in the second round for bonded bunkering in 2022, up 8.3% from the same round for 2021, sources with knowledge of the matter said May 6. The new allocation brings the total fuel oil export quotas amount to 9.75 million mt as of May for this year, up 21.9%…