** Top Asian refiner Sinopec Corp will likely postpone the planned initial public offering of its fuel marketing division, Chairman Wang Yupu told a media briefing on Monday.
** Earlier timeline to list its fuel marketing business was set for 2017. Chairman did not give a new timeline.
** Sinopec aims to lift natural gas production to 40 billion cubic metres a year by 2020, Wang said.
** Sinopec has mandated six banks to advise on a restructuring of its fuel distribution unit ahead of a planned IPO, Reuters reported in January. (Reporting by Alison Lui; Editing by Edmund Blair)