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China grants two independent plants import quotas totaling 4.08 MMt of crude

BEIJING (Reuters) -- China has granted two independent refiners crude oil import quotas for a total annual volume of 4.08 MMt, the National Development and Reform Commission (NDRC) said in two separate statements on Wednesday.

Henan Fengli Petrochemical Company was awarded a quota for 2.22 MMt, while Shandong Zhonghai Chemical Group Co were given quotas for 1.86 MMt, the state planner said in the statements on its website.

Reporting by Lusha Zhang and Chen Aizhu; Editing by Joseph Radford

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