Project Profile
Value: US$1.27 billion
Location: Eastern China
Capacity: 700,000 tons a month
Production: 13 million metric tons a year
China Petroleum, known as Sinopec, aims to boost the plant’s annual oil processing capacity to 13 million metric tons a year, or 260,000 barrels a day, from 8 million tons.
Sinopec Yangzi will process more than 8 million tons of crude in 2011, about 700,000 tons more than in 2010 after the plant was shut this summer for maintenance. The plant is currently running at full capacity of about 700,000 tons a month.
Operator:
Sinopec: Operator with 100% interest