July 6, 2010 / 8:17 AM / in 9 years

FACTBOX-China's refinery expansion plans

  (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)     

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