China oil imports from top supplier Saudi Arabia rise 47% in 2019: customs

Via Muyu Xu and Chen Aizhu in reuters.com : The big annual boost in Saudi shipments followed a new marketing strategy by state-run Aramco, which signed at least two new supply pacts with private refiners in China that came into the market from late 2018. Previously, Saudi Aramco had only dealt with China’s state refiners in long-term contracts.





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