China Aviation Oil (Singapore) Corporation Ltd (CAO) said the recent sharp drop in its jet fuel sales to China will test its fuel trade diversification policy. Jet fuel sales have been hard hit by flight cancellations as a result of the SARS epidemic spreading in East Asian countries over the last few months. The company…
SINGAPORE: China Aviation Oil reports 46% month-on-month drop in jet fuel use
Posted on May 13, 2003 by EnergyAsia