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East of Suez Oil Service
East of Suez Oil Alert - China sets ceiling on overall refining capacity, signaling the end of rapid expansion
Published: 16 November, 2023
Highlights:
- China’s rapid expansion of refining capacity has been outpacing demand growth in recent years, prompting the central government to tighten its control over further additions.
- A detailed refining reform plan was recently unveiled with several targets set for 2025. Some of them can be easily ...
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