China has issued a crude oil import licence to a non-state-owned company after months of expectations, in a grudging first step towards opening its state-dominated oil sector to competition.
Hopes had been high that China would loosen controls over crude imports – and ultimately, over the entire oil sector – by issuing more licenses to independent players. But so far those have failed to materialise.
Guanghui Energy, an oil and gas company based in the frontier province of Xinjiang, may import 200,000 tonnes of crude this year, following approval by the Ministry of Commerce.
您已閱讀22%（579字），剩餘78%（2036字）包含更多重要資訊，訂閱以繼續探索完整內容，並享受更多專屬服務。