Chinese authorities plan to launch a new round of tax probes on private refiners, the so-called teapots, sources in the refining industry told Reuters on Monday, in what could slow down further the crude processing rates at the world’s top crude oil importer. The independent refiners in China, mostly located in the eastern province of Shandong, account for around a fifth of all Chinese crude imports. The new tax investigations, expected to begin later in August per Reuters’ sources, could further put downward pressure on fuel output…
Hence then, the article about china s oil processing could slow amid teapot tax probe was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( China’s Oil Processing Could Slow Amid Teapot Tax Probe )