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BEIJING, Aug 1 Asia Pulse - China will import 10.95 million tons of crude oil and 6.1 million tons of refined oil in 2004 under non-state trading, the Ministry of Commerce (MOC) announced in bulletins on July 31.
Certain oil companies, with a registered capital of over 50 million yuan (about US$6 million), and of good reputation, are qualified to apply for the quotas.
Some foreign-funded enterprises are allowed to apply for the ...