China Petrochemical Corp (Sinopec Group) and China National Petroleum Corp (CNPC) have jointly issued an internal memo to provincial subsidiaries, the third time since May, asking them to raise the prices of diesel and gasoline to offset declining sales volume, China Oil News said on its website. It said the companies will first raise diesel…
CHINA: CNPC, Sinopec Group to jointly boost falling diesel, gasoline prices
Posted on July 4, 2003 by EnergyAsia