China’s gasoline and gasoil exports grew strongly in the first half but are unlikely to rise significantly in the second half of 2017 as Beijing is expected to squeeze the volume of quotas in an effort to rein in outflows, sources said. “We have been limiting product exports since July, as the quota allocated is not enough for us to export at the same level as in the previous months,” said a source with PetroChina Guangxi, a major exporting refinery in south China. “Gasoil export in H2 should be flat to slightly positive compared with a year earlier, based on the quotas given to date. Construction sector should remain healthy thereby supporting domestic gasoil demand, which will limit availability for exports,” said an analyst with S&P Global Platts China Oil Analytics . COA expects China to export 225,000 b/d (9.66 million mt) of gasoline in 2017, compared with 9.7 […]