(Updates with PetroChina’s Qinzhou)
BEIJING, July 6 (Reuters) - PetroChina (0857.HK) started test runs at its new 200,000 barrel-per-day (bpd) Qinzhou refinery in southwestern Guangxi region last week and plans to enter commercial runs around the end of August, industry sources said.
The new plant, PetroChina’s first major downstream foothold in southern China, runs key refining facilities including a 70,000 bpd fluid catalytic cracker and a 44,000-bpd continuous reforming unit.
It also runs a hydrocraking unit, of which the capacity is not immediately known. [ID:nTOE66407I]
China will likely add nearly 3 million bpd of new refining capacity between 2010 and 2015, industry officials and Chinese media have said, in a new refinery building boom to fuel its robust economic growth.
The expansion pace, some half a million bpd on an annual average, does not look huge compared with China’s annual incremental oil demand growth, but some market analysts have argued that China may already have a structural surplus of gasoline and diesel.
For related analyses on China’s diesel surplus and gasoline balance [ID:nTOE62S03D][ID:nSGE60R014]
Following are the major Chinese crude refining units planned and proposed. Updates will follow when more information is available.
(Capacity in barrels per day (bpd), unless indicated) ============================================================== Plant Company New capacity Start Date ============================================================== Tianjin Sinopec 200,000 Jan 2010 Qilu Sinopec 50,000 April 2010 Guangxi PetroChina 200,000 Aug 2010 Gaoqiao Sinopec 34,000 Q2 2010 Ningxia CNPC 100,000 end 2011 Jinling* Sinopec 100,000 2011/12 Luoyang Sinopec 80,000 2011 Sichuan PetroChina 200,000 2012 Jiujiang Sinopec 60,000 2012 Anqing Sinopec 60,000 Sep-2012 Shijiazhuang Sinopec 60,000 2012/13 Jieyang PetroChina/PDVSA 400,000 2013/14 Quanzhou Sinochem 240,000 2013/14 Huizhou CNOOC 200,000 2013/14 Zhanjiang* KPC/Sinopec 350,000 2013/14 Dagang* PetroChina/Rosneft 200,000 2013/14 Maoming* Sinopec 240,000 2015 Zhenhai* Sinopec 180,000 2015 ——————————————————————————————- TOTAL 2.954 mln bpd
* Pending government approval ——————————————————————————————— The following are proposals which are at early stages of planning. ——————————————————————————————- Jiangsu PetroChina/Qatar/Shell 200,000 NA Fujian Sinopec/Exxon/Aramco 240,000 NA Beihai Sinopec 200,000 NA Ningbo Sinochem 240,000 NA Zhejiang Sinopec 300,000 NA Liaoning CNPC 200,000 NA Hebei CNOOC/Zhongjie 200,000 NA Haihua CNOOC 100,000 NA Huizhou CNOOC 360,000 by 2020 Kunming PetroChina 200,000 NA Chongqing PetroChina 200,000 NA Shangqiu PetroChina 200,000 NA ——————————————————————————————— (Reporting by Chen Aizhu; Editing by Jacqueline Wong)
