PetroChina Starts Gasoline Exports to India

October 29, 2019

© artitcom / Adobe Stock
© artitcom / Adobe Stock

China's PetroChina International Co Ltd shipped a cargo of 92 octane gasoline to India, marking the company's first direct refined oil shipment to the country, its parent company China National Petroleum Corp (CNPC) said in a statement on Tuesday.

A tanker, departing from Qinzhou Port in China's south province Guangxi, will deliver the gasoline to India's state-owned Hindustan Petroleum Corp Ltd, according to CNPC.

The statement did not mention the volume of the export.

PetroChina International clinched its first long-term contract to provide gasoline to Hindustan Petroleum in March, CNPC said.

Earlier this year, PetroChina International launched its first gas station in Myanmar, marking the energy firm's entry into the Southeast Asian country's retail fuel market.


(Reporting by Min Zhang and Dominique Patton; Editing by Aditya Soni)

Logistics News

Dardanelles Strait Traffic Resumes After Tanker Engine Failure

Dardanelles Strait Traffic Resumes After Tanker Engine Failure

Urals Freight Rates to India Rise Due to Bad Weather, War Risks

Urals Freight Rates to India Rise Due to Bad Weather, War Risks

Diana Shipping Plans Proxy Fight at Genco

Diana Shipping Plans Proxy Fight at Genco

16th Annual Maritime Risk Symposium-Student Research Poster Contest

16th Annual Maritime Risk Symposium-Student Research Poster Contest

Subscribe for Maritime Logistics Professional E‑News

The rate of uranium freight to India has increased in January due to bad weather and higher risks
Indonesia searches for missing surveillance aircraft with 11 onboard
FAA warns airlines flying to Central and South America about possible military actions