ChinOil Signs Long-Term Supply Agreement with Regional Refiner

ChinOil announced a long-term supply agreement with a regional refining partner, aimed at securing stable crude delivery volumes over the coming years.

The agreement is expected to support planned expansions at the refiner’s processing facilities while giving ChinOil greater predictability in its output planning. Company leadership described the deal as part of a broader strategy to strengthen relationships across the downstream supply chain.

“Long-term agreements like this give both sides the stability needed to plan confidently for the years ahead,” said a ChinOil representative.