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China’s Sinopec to prioritise risk control in Russian oil purchases, company exec says

Tuesday, 25 March 2025 | 01:00

Top Chinese refining major Sinopec Corp 600028 will prioritise ‘risk control’ in purchasing Russian oil, which has similar quality for its value versus competing global supplies, a top company executive said on Monday.

Company president Zhao Dong told an earnings briefing in Hong Kong that Sinopec is “fairly capable” of securing crude oil supplies, including via term-term supply agreements of multiple partners.
Source: Reuters

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