Brasil se torna o maior fornecedor de petróleo bruto para China

Brazil Becomes the Largest Crude Oil Supplier to China

Written by Flavia Marinho

Published on 06/09/2018 at 04:48

Updated on 06/09/2018 at 08:01

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Oil Shipments from Brazil to Independent Refineries in China Increased by 81.4% in August to 1.21 Million Tons

Eight companies in China, including the trader Taifeng Hairun, imported Brazilian crude oil from the Lula, Iracema, and Sapinhoa fields in the same month. Platts’ research covers the barrels imported to independent refineries through ports in Shandong province and Tianjin, as well as those of the upcoming mega refinery Hengli Petrochemical in Liaoning province and the Zhejiang Petrochemical refinery in Zhejiang province. Among these consumers, 36 were crude oil import quota holders, who received a total quota of 120.83 million tons this year, representing 86.8% of the country’s total import quota allocation for 2018.

The Hongrun refinery also received about 60,000 tons of crude oil from Libya in August, the first in the sector’s series. Libyan crude oil is a light oil with an API of around 37 and sulfur of about 0.67%. Independent refineries shied away from both U.S. and other origins of crude that load from U.S. ports in August, due to the ongoing trade tension between China and the U.S. Sinoenergy offered Canadian oil loading from Portland in the U.S. for August arrival but could not attract buying interest.

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Brazil Becomes the Largest Crude Oil Supplier to China

Oil Shipments from Brazil to Independent Refineries in China Increased by 81.4% in August to 1.21 Million Tons

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Brazil Becomes the Largest Crude Oil Supplier to China

Oil Shipments from Brazil to Independent Refineries in China Increased by 81.4% in August to 1.21 Million Tons

China has been trying for 13 years to build a railway in the Gobi Desert to reach Mongolia, and there are still 20 kilometers left that no one can finish due to a problem that seems impossible to solve.

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Where there was only sand and wind at 40 degrees, China built a megacity of 500,000 inhabitants with farms, wineries, and universities in the middle of the desert using melted glacier water from hundreds of kilometers away.

For 45 years, Spain and Morocco have been trying to connect Europe to Africa through a project of just 14 kilometers in the Strait of Gibraltar, and an active tectonic fault on the seabed continues to make the project nearly impossible.

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