Pakistan, Jan. 3 -- Zhejiang based subsidiary of Shell i.e. Zhejiang Petroleum Trading Ltd Co has received a license for trading refined oil products in China. Petroleum company in China is a unit of Royal Dutch Shell and had revealed this news on Monday.

With this license in hand, Shell will be able to trade oil products in the wholesale market, as per press release fromcompany sources in China, which implies that they will expand business form not only serving consumers at petrol stations but also as a wholesaler.

This petroleum company is among only a handful of foreign enterprises to win such a license, along with Exxon Mobil and Saudi Aramco via their joint venture Sinopec SenMei with state-owned Sinopec

China has issued products ...