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Home Oil and Gas

Montfort considers sale of UAE fuel oil facility to Sinopec

Newsdesk by Newsdesk
March 10, 2024
in Oil and Gas, Oil and Gas
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The United Arab Emirates (UAE)-based fuel oil facility has a processing capacity of 65,000 barrels per day (bpd) of crude. Credit: Maksym93/shutterstock.com.

Geneva-based trading house Montfort Group is in talks with China Petroleum & Chemical Corporation’s (Sinopec) fuel oil arm, Sinopec Fuel Oil, for the sale of part or all of…



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