NDRC reveals plans to increase refinery capacity in 9 cities across China

03-Mar-09

In a bid to boost the country’s refining capacity, National Development and Reform Commission (NDRC) has approved China National Petroleum Corp.'s plans to construct a 10 mln tpa refinery at Jieyang in southern Guangdong province. The country has been facing severe shortages countrywide, over the past few years, especially in its southern regions. This is a new occurrence for CNPC as most of its existing refineries are located in China's northeastern and northwestern regions. This refinery will help CNPC tap the rising demand for petrochemical products in the Pearl River Delta region in a better manner. The project is likely refine heavy oil imported from Venezuela. NDRC has simultaneously revealed plans to increase the capacity of refineries in 9 cities across the nation, mostly those owned by Sinopec Corp.: - The capacity of the Zhenhai refinery in Ningbo will be increased by 60,000 bpd to 460,000 bpd by September this year and eventually to 600,000 bpd. - In Shanghai, the combined capacity of the 280,000 bpd Jinshan and the 220,000 bpd Gaoqiao refineries will be boosted to 600,000 bpd. - In Nanjin, the combined capacity of the 260,000 bpd Jinling refinery and the 160,000 bpd Yanzi refinery will be boosted to levels similar to those in Ningbo or Shanghai. - Refinery capacity in the cities of Maoming, Guangzhou, Huizhou, Quanzhou, and Tianjin will be boosted to 400,000 bpd. - Construction on a refinery is scheduled in Caofeidian.