s korean refiners to bask in china\s fuel
Last Updated : GMT 09:40:38
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Last Updated : GMT 09:40:38
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S. Korean refiners to bask in China\'s fuel

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Themuslimchronicle, themuslimchronicleS. Korean refiners to bask in China\'s fuel

Hong Kong - Yonhap

South Korean oil refiners are expected to benefit from China\'s move to increase fuel imports to help tackle an expected summer power shortage, a report said Wednesday. Starting from Friday, China will cut import duties for diesel and jet kerosene to zero percent and those for gasoline to 1 percent, an apparent move to boost imports of the fuel. The world\'s No. 2 economy is expected to face a power crunch as power demand usually rises during the summer.

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s korean refiners to bask in china\s fuel s korean refiners to bask in china\s fuel

 



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