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China’s LSFO output leaps in January amid fresh quotas

Guangzhou (JLC), February 19, 2024--Chinese refiners boosted their low-sulfur fuel oil (LSFO) production in January, encouraged by the release of new export quotas.

02-19-2024 19:06:05

China releases 1st-batch 2024 quotas on LSFO exports

Guangzhou (JLC), December 29, 2023--China has released the first batch of 2024 quotas on the exports of low-sulfur fuel oil, setting the quotas at 8.0 million mt.

12-29-2023 16:00:01

China raises fuel oil import quotas for 2024

Guangzhou (JLC), December 26, 2023--China has increased its quotas on non-state fuel oil imports for 2024, due to recovering demand.

12-26-2023 21:06:35

China issues additional quota on fuel oil imports for 2023

Guangzhou (JLC), November 24, 2023-China's Ministry of Commerce has issued additional quota on three million mt of non-state fuel oil imports for 2023, according to an official notice.

11-27-2023 15:13:11

Shandong independents acquire additional quota on fuel oil imports-market sources

Guangzhou (JLC), November 8, 2023-The Department of Commerce of Shandong Province has just notified local independent refiners about additional quota on about three million mt of fuel oil imports.

11-08-2023 11:54:36

China to release 3rd batch of LSFO export quotas soon

Guangzhou (JLC), August 11, 2023 – China is likely to release the 3rd batch of export quotas for low-sulfur fuel oil (LSFO) in the coming days, with about 5 million mt expected in this round.

08-11-2023 18:19:40

China sees lower utilization of LSFO export quotas in H1 2023

Guangzhou (JLC), July 18, 2023--China saw lower utilization of its low-sulfur fuel oil (LSFO) export quotas in the first half (H1) of this year, owing to a boost in the quotas and a slowdown in domes

07-18-2023 18:32:10

Jan-Apr sees higher utilization of non-state import quotas for fuel oil

Guangzhou (JLC), May 25, 2023 – Ports in Shandong and Tianjin have seen a surge in fuel oil imports intended as feedstock by independent refiners and traders during January and April.

05-25-2023 18:55:50

China releases 2nd-batch 2023 quotas on LSFO exports

Guangzhou (JLC), May 12, 2023 – China has released the second batch of 2023 quotas on the exports of low-sulfur fuel oil (LSFO), according to official sources.

05-12-2023 18:05:00

Larger LSFO quotas to stimulate domestic output further

Guangzhou (JLC), January 4, 2023--China has boosted this year’s first-batch quotas on the exports of low-sulfur fuel oil, which will drive up domestic LSFO output.

01-04-2023 16:55:19

China hikes 1st-batch 2023 quotas on LSFO exports

Guangzhou (JLC), January 3, 2023--China has released the first batch of 2023 quotas on the exports of low-sulfur fuel oil (LSFO, with the maximum sulfur content at 0.5%), setting the quotas at 8.0 mln

01-03-2023 11:30:12

China’s Oct LSFO output rebounds on more export quota

Guangzhou (JLC), November 15, 2022--China’s low-sulfur fuel oil (LSFO) production saw a bounce in October, as some refiners moderately raised their output on the strength of a new batch of export quo

11-15-2022 17:43:12

Domestic LSFO output descends on short quotas in August

Guangzhou (JLC), September 13, 2022--Domestic low-sulfur fuel oil (LSFO, with the maximum sulfur content at 0.5%) output dropped in August amid short export quotas and lower refining margins.

09-13-2022 19:05:47

China issues new quota on LSFO exports

Guangzhou (JLC), September 9, 2022--China has issued this year’s fourth-batch quota on a total of 2.75 mln mt of exports of low-sulfur fuel oil, according to market sources.

09-09-2022 15:24:17

China may issue additional quota on LSFO export soon

Guangzhou (JLC), September 2, 2022--China may soon issue new quota on about 2.50 mln mt of low-sulfur fuel oil exports.

09-02-2022 14:17:00

PetroChina runs short of LSFO quota

Guangzhou (JLC), August 16, 2022--PetroChina has run short of quota on the export of low-sulfur fuel oil, because of fast production growth in 2022.

08-16-2022 18:01:56

Fast developing bonded bunker market requires more LSFO quotas

Guangzhou (JLC), May 11, 2022--China’s fast developing bonded bunker market has necessitated increasing quotas on low-sulfur fuel oil (LSFO), in stark contrast to other fuel markets amid the impact of

05-11-2022 15:24:00

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