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PetroChina Tianjin to sell 175,000mt of distillates in Jul, flat on month

Increase font size  Decrease font size Date:2011-07-12   Views:643
PetroChina Tianjin is scheduled to sell a combined 175,000mt of gasoline and gasoil in July, basically flat on month, revealed a company source.

The target is 44,500mt for gasoline, slightly down 1,500mt; that for gasoil inched down 500mt to 130,500mt, the source introduced.

The company recorded stable sales targets in recent two months due to soft market fundamentals, the source explained.

July gasoil allocation from the parent company will be nearly flat with sales target, which is 9% higher than the previous month, the source said, adding the resource comprises of both Euro III and II grades.
 
 
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