SINGAPORE: PetroChina has supplied a rare cargo of close to 2 million barrels of crude oil from storage in China to its half-owned refinery in Singapore, as the firm moves to plug shortfalls triggered by the Iran war, according to tanker trackers and three trade sources.
The tanker New Merit loaded 1.8 million barrels of crude at Dalian in northeast China in mid-March, delivering it in late March to Singapore’s Jurong island, according to tanker trackers Vortexa and Kpler, where PetroChina and US major Chevron operate a 50-50 joint venture refinery.
The sources declined to be named as they are not authorised to speak to the media.
