Shell has bought a 75,000 ton Middle Eastern naphtha cargo for a trial run at its new China cracker expected to start up at the end of next month, to feed its 800,000 tpa naphtha cracker. The US$4.3 billion petrochem complex, a joint-venture between the European oil giant and China National Offshore Oil Corp. (CNOOC), is to operate a condensate splitter, a unit that produces naphtha, giving the venture flexibility to either process naphtha secured from the market or to run condensate. Shell can source condensate from Australia, where it is an equity producer in North West Shelf field or from CNOOC's production in Indonesia.
22-Nov-05 
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