PetroChina to build refinery in Huludao
12-06-08 PetroChina will build a 10-mm-tpy refinery in the north-eastern city Huludao in Liaoning province, according to local government.
Scheduled to start construction in 2009, the refinery is expected to go into operation in 2011 by feeding on Russian crude oil piped through the Siberia-Asia Pacific crude pipeline's China branch. The investment involved would amount to yuan 18 bn.
The coastal Huludao city, located in south-eastern Liaoning province, currently has a crude run capacity of 7 mm tpy from PetroChina's Jinxi Petrochemical.
Besides Huludao refinery, PetroChina also plans to expand refining capacity of its Dushanzi refinery in north-western Xinjiang autonomous region and double the output capacity of Daqing Petrochemical to 1.2 mm tpy, according to PetroChina.
Source: www.downstreamtoday.com / Xinhua Economic News