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China’s Unipec Increases December Diesel Imports to 200,000 Tons

Dec. 6 (Bloomberg) -- China International United Petroleum & Chemical Co., the nation’s largest oil trader, will import 200,000 metric tons of diesel in December, 67 percent more than it initially planned last month, a company official said.

China International, or Unipec, originally intended to bring in 120,000 tons to ease a domestic shortage of the transport fuel, according to the official, who declined to be identified because of company policy.

Unipec, the trading unit of China Petroleum & Chemical Corp., bought 80,000 tons of diesel in November, a company official said Nov. 18.

Unipec will halt diesel exports this month after reducing exports of the fuel to 10,000 tons last month from 90,000 tons in October and 120,000 tons in September, according to the official.

To contact the reporter on this story: Winnie Zhu in Shanghai at wzhu4@bloomberg.net

To contact the editor responsible for this story: Clyde Russell at crussell7@bloomberg.net

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