Recently, according to Internet rumors, Sinopec decided not to import more crude oil from Saudi Arabia after April, one of the reasons is that the transportation cost has increased greatly, which does not have economic cost performance ratio overall. In addition, Sinopec obtained 1.6 million tons of crude oil orders from Russia.
On the evening of 29 March, Sinopec officials responded, speaking out
Sinopec said it has always stressed the diversification of import channels to ensure the stable supply of resources to the greatest extent. Currently, the contract with Saudi Arabia is performed normally.
Sinopec stressed that,The basic business philosophy is that whoever offers the same product at a low price will buy the same product.If you don't know, you can ask the Sinopec news office. I hope you don't create something out of nothing, hide it, imagine it out of nothing and make it up out of nothing!