Sinopec in talks to buy China's leading jet fuel distributor, Bloomberg News reports

Core Viewpoint - Sinopec Group, China's largest oil refiner, is in discussions to acquire China National Aviation Fuel Group, the leading jet fuel distributor in the country, as part of a government-initiated strategy [1] Group 1: Company Overview - Sinopec Group is recognized as the largest oil refiner in China [1] - China National Aviation Fuel Group is identified as the country's primary distributor of jet fuel [1] Group 2: Strategic Implications - The acquisition talks are reportedly initiated by the government, indicating a strategic move to consolidate the aviation fuel supply chain in China [1]