China Issues First 2026 Fuel Export Quotas
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China has issued the first fuel export quotas for 2026, totaling 19 million tons, with a significant portion allocated to state-owned energy majors Sinopec and CNPC.
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China has issued the first batch of fuel export quotas for the new year, at a total of 19 million tons, Reuters reported today, citing unnamed sources. The volumes were relatively unchanged on the first fuel export quota batch for this year. The quotas include gasoline, diesel, and jet fuel. In addition to those, Beijing also issued export quotas for 8 million tons of low-sulfur bunkering fuel. The bulk of the quotas, at over 70%, are going to state-owned energy majors Sinopec and CNPC. The two together received fuel export quotas for a total of…
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المقال الأصلي منشور بواسطة OilPrice.com في ديسمبر 26, 2025. التحليل والرؤى المقدمة من AnalystMarkets AI.