China’s Unipec to Boost Diesel Imports in December on Shortage
This article is for subscribers only.
China International United Petroleum & Chemical Co., the nation’s largest oil trader, plans to boost diesel imports for a second month in December to ease a domestic shortage of the transport fuel.
China International, or Unipec, plans to import 120,000 tons for December delivery, compared with 80,000 tons in November, according to an official with knowledge of the transactions, who declined to be identified because of company policy.