Sinopec News Network News According to Dow Jones Singapore on April 23, China Aviation Oil (Singapore) Co., Ltd. said on Friday that the company has signed an agreement with the Bank of Communications and has the right to receive up to 200 million U.S. dollars in loans from the Bank of Communications. The term of the loan agreement is one year.
Meng Fanqiu, chief executive officer of China Aviation Oil Corporation, said that the above loans will provide support for the company's development of fuel oil and other oil products transactions as well as oil-related asset investment.
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