Gulf Oil and Gas accountACCOUNT

Sinopec Says Some Refineries Would Be Hit by a Halt in Iran Crude Oil Buying

Source: www.gulfoilandgas.com 9/1/2018, Location: Asia

Huang Wensheng, vice president of the company formally known as China Petroleum & Chemical Corp, said in the first public comment about Washingtonís decision to resume sanctions on Iran that some of their downstream refineries were designed for refining Iranian oil and If they stop imports, the refineries will be negatively affected and benefits would be affected as well.

Huang added that the ongoing trade spat between U.S. and China will have a limited impact on the companyís profits.

Sinopec along with some other Chinese refineries have taken some actions such as using vessels owned by National Iranian Tanker Co. to safeguard supplies,Reuters News reported on Monday.

Oil Treating & Refining News in Iran >>

Azerbaijan >>  12/6/2018 - Petrofacís Engineering & Production Services (EPS) East division has secured an operations and maintenance support services contract with Trans Adriat...
Azerbaijan >>  12/6/2018 - Honeywell announced today that the State Oil Company of Azerbaijan Republic (SOCAR) will use Honeywell UOPís Pressure Swing Adsorption (PSA) technolog...

India >>  11/30/2018 - Great Eastern Energy Corp (GEECL) will invest up to USD 2 billion over the next 10 years in its Raniganj (south) block in West Bengal to exploit shale...
Indonesia >>  11/26/2018 - Japan Drilling Co., Ltd. (JDC) is pleased to announce that its subsidiary company "P.T. Japan Drilling Indonesia" together with a shipping company in ...

Azerbaijan >>  11/18/2018 - Leading international oilfield services company, Expro, has strengthened the opening of its new purpose-built facilities in Baku, winning a four-year ...

Related Categories: Agents, Anti-foaming  Aromatic Solvents  Butene  Cleaning  Corrosion Inhibiting  Crude Oil  Diesel Fuel  Ethylene  Fluids Drilling, Completion, Workover & Stimulation  Fluids/Chemicals  Fracturing Sand  Fuel oil  Gasoline (Lead free)  General  Grout  Jet fuel  Kerosene. Domestic use  Lubricants, Oils & Greases  Nitrogen  Oil Treating & Refining  Polyethylene  Polyvinyl chloride  Propane  Sand, Sandblast  Summer Diesel  Surfactants 

Related Articles: Aromatic Solvents  Butene  Cleaning  Corrosion Inhibiting  Crude Oil  Diesel Fuel  Ethylene  Fluids Drilling, Completion, Workover & Stimulation  Fluids/Chemicals  Fracturing Sand  Fuel oil  Gasoline (Lead free)  General  Jet fuel  Kerosene. Domestic use  Lubricants, Oils & Greases  Nitrogen  Oil Treating & Refining  Polyethylene  Polyvinyl chloride  Propane  Sand, Sandblast  Surfactants 


Iran Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 |

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.