Sinochem has suspended purchases of crude cargoes to be loaded at Trans Mountain’s expanded TMX pipeline in Canada.
The move came after the Chinese refiner closed two of its plants in Shandong, Kpler cited media reports as saying.
It closed the 100,000 barrel per day Zhenghe and 120,000-bpd Changyi refineries late in June, blaming losses from poor refining margins.
