Friday, December 16, 2011

Formosa Petrochemical likely to resume gasoil exports from H2-January

One of Asia’s biggest diesel exporters - Formosa Petrochemical Corp., is likely to resume gasoil exports from H2-January, as per a source in Reuters. 1-2 medium range-sized cargoes, or about 720,000 bbarrels of 500 ppm sulphur gasoil will comprise the company’s first exports after five months.

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