China's Hengli receives crude import quota for 2026, sources saySINGAPORE, Nov 27 (Reuters) - China's Hengli Petrochemical has received its first small batch of crude import quota for 2026, a company official and a trade source said on Thursday.
The private refiner received a quota to import 2 million metric tons (40,000 barrels per day) of crude, they said.
Beijing is expected to dispatch a larger batch of crude import quota to Hengli early next year, the company official said.
(Reporting by Chen Aizhu, Liu Siyi and Florence Tan; Editing by Christian Schmollinger)
((Florence.Tan@thomsonreuters.com;))
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