Shanghai imports 151,668 tonnes of diesel to ease shortage

13 January 2011 08:46  [Source: ICIS news]

SHANGHAI (ICIS)--Shanghai port imported 151,668 tonnes of diesel in the last quarter of 2010 to ease the country's fuel shortage, a source from Shanghai Entry-Exit Inspection and Quarantine Bureau said on Thursday.

Most of the imports were bought by Sinopec and PetroChina, the source added.

Shanghai port imported 10 parcels of diesel with a total volume of 156,019 tonnes in 2010. Of this, six parcels, or 151,668 tonnes, were imported during the last quarter, when the fuel shortage was at its worst, data from the bureau showed.

The shortage was caused by the Chinese government’s prolonged power cuts that prompted some companies to use diesel to generate electricity.

There were no diesel imports from October to December 2009, the data showed.

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By: Amanda Zhang
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