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WorldPosted at: Mar 30 2017 1:27PM


China's Zhenhua Oil setting up Singapore trading office -sources

SINGAPORE/BEIJING, Mar 30 (Reuters) China's Zhenhua Oil is setting up an oil trading office in Singapore that will start operating in April, three sources at the company said on Thursday.
"The new trading office is to serve the company's expanding business requirement and Singapore is a good platform for that," said a senior Zhenhua official said. Both he and the two other sources, all with direct knowledge of the matter, declined to be identified due to company policy.
The office will be headed by Han Xiaolong, who will move from Hong Kong where he was a deputy general manager, one of the sources said.
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