Updates - China 4Emerging Mega Refining Projects
It is widely known that China is building several mega refining projects and the new projects will bring both opportunities and challenges to the oil refining industry. But what’s the latest situation of the emerging projects? Will the projects be put into production as scheduled? Any changes in the projects’ designed crude grades or investment or refining capacity? This article is positioned to let you know the latest updates regarding China’s 4 emerging mega refining projects.
Project 1 - Zhejiang Petrochemical (Phase I)
Zhoushan Marine Comprehensive Development and Investment (9%)
Iran Heavy – 7 million mt/a;
Arab Medium – 5 million mt/a;
Iran Light – 5 million mt/a;
Brazil Frade – 3 million mt/a
Construction start time: Jun 2017
On November 14, 2019, the 3.2 million mt/a delayed coker at Zhejiang Petrochemical passed the fire protection acceptance, and the coal coke-to-hydrogen unit started the test run.
By November 21, 2019, the construction of the first phase of Zhejiang Petrochemical has been finished around 93%.
The construction of the second phase of Zhejiang Petrochemical started at the beginning of November. The CDUs capacity of the second phase will be 20 million mt/a, the same as the first phase.
Project 2 - Sinopec-KPC Refinery
Kuwait Petroleum Company (50%)
Kuwait Heavy – 10 million tons/a
Construction start time: Dec 2016
By November 21, 2019, the construction of Sinopec-KPC Refinery has been finished around 90%.
This project is Sinopec’s largest refining and chemical integration project which is under construction at present. According to the goal of Sinopec, the construction of this project will be finished at the end of 2019.
Project 3 -Shenghong Petrochemical
Arab Heavy – 8 million tons/a;
Arab Light – 8 million tons/a
Constructionstart time: Dec 2018
It was authorized in 2017 and started construction at the end of2018.
It is planned to be put into production in 2021.
Project 4 -PetroChina Guangdong Petrochemical
Merey 16 – 10 million tons/a;
Middle East Blends – 10 million tons/a
Constructionstart time: Dec 2018
The delayed coker and the petcoke-to-hydrogen unit are underconstruction at present. The construction of the product wharf has been finished 81% by November 21, 2019, and the wharf will be put into operation in May 2020.
It was authorized by the NDRC in 2012 and started construction in December 2018. According to the latest news from the project, this project is planned to be put into production in June 2022.
This total investment in this project will be around 80 billion RMB, and the daily investment in the project construction is around 70 million RMB at present.
Please click "Read more" for more information
For more information please contact us at
overseas.sales@sci99.com
overseas.info@sci99.com
+86-533-6090596
SCI99