Downstream oil and petrochemicals news from China and India
China
The construction of a US$ 9 million refinery in Guangdong Province is looking more and more likely. The refinery, a joint venture project between Sinopec and Kuwait Petroleum Corporation (KPC), has recently been granted approval from the Chinese Ministry of Environmental Protection. The project team is currently waiting for approval from the Ministry of Land and Resources.
The PetroChina Guiangxi Petrochemical owned refinery is now completely operational. Construction of the facility, located in Qinzhou, began in 2007. The plant can process 8.3 million tpy of petroleum products and 900 000 tpy of petrochemicals including polypropylene, aromatic hydrocarbon, benzene and methylbenzene.
India
Bharat Oman Refineries Ltd has decided to expand its Bina Refinery. The joint venture owned facility hopes to increase processing capacity to 15 million tpy by 2017. The plant’s current capacity is 6 million tpy.
Saudi Aramco has awarded Punj Lloyd a contract. The contract is for engineering, procurement and construction of offsite pipelines at the Aramco owned Yanbu facility. The contract is expected to take 3 years to complete.
Read the article online at: https://www.worldpipelines.com/business-news/22092010/downstream_oil_and_petrochemicals_news_from_china_and_india/
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