Exclusive: Sinopec resists bargain on Iran crude, eyes U.S. ties: source

Reuters Tuesday 12th June, 2012

1 of 3. Oil tanks are seen at a Sinopec plant in Hefei, Anhui province, in this file picture taken May 31, 2009. Chinese refining giant Sinopec Corp, the biggest buyer of Iranian oil, has no plans to raise its Iranian crude imports for the rest of 2012 so as to avoid falling foul of tough U.S. sanctions on Tehran's oil trade, a senior Chinese oil executive said.


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