Unipec not buying more crude to replace Libyan supply
Updated: 2011-02-28 17:00
Unipec, the trading arm of top Asian refiner Sinopec, has so far declined Saudi Aramco's offer of more Saudi crude oil to replace Libyan crude supplies, Reuters reported citing trading sources Monday.
Sinopec faces no shortage of crude overall, and the company has the ability to adjust crudes among refineries, report said quoting sources as saying.
A massive 8.8 magnitude quake hit the northeast coast of Japan on March 11,2011.
Lawmakers and political advisers gather in Beijing to discuss major issues.
A massive earthquake hit Japan hard, leaving thousands dead.