Sinopec Absorbs China National Aviation Fuel and Creates Integrated Jet Fuel Giant
China’s State Council has approved the strategic reorganization between Sinopec and China National Aviation Fuel. This vertical merger creates an entity controlling the entire aviation fuel value chain in China.
| Countries | Chine, Cambodge, Singapour |
|---|---|
| Companies | China National Aviation Fuel Group (CNAF), China Aviation Oil (Singapore), BP, Sinopec, TotalEnergies |
| Sector | Carburants Alternatifs, Pétrole, Carburants, SAF |
| Theme | Investissements & Transactions |
The State-owned Assets Supervision and Administration Commission (SASAC) officially announced on January 8, 2026, the consolidation between China Petrochemical Corporation (Sinopec Group) and China National Aviation Fuel Group (CNAF). This transaction, supervised by central authorities since November 2025, results in CNAF’s absorption by Sinopec, the world’s largest refiner by capacity. The combined entity now controls the entire aviation fuel flow, from crude extraction to aircraft refueling at 219 commercial airports across China.
Comments
Sign in to leave a comment.