China’s existing oil refining projects with a capacity of tens of millions of tons, as well as projects under construction
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Company Name Capacity Sinopec Zhenhai Refining & Chemical 2100 CNPC Dalian Petrochemical 2050 Sinopec Shanghai Petrochemical 1400 Sinopec Maoming Petrochemical 1350 Sinopec Jinling Petrochemical 1300 Sinopec Shanghai Gaqiao Petrochemical 1100 Sinopec Qilu Petrochemical 1050 CNPC Lanzhou Petrochemical 1050 Sinopec Guangzhou Branch 1020 Dalian Xipac Petrochemical 1000 Sinopec Beijing Yanshan Petrochemical 1000 CNPC Dushanzi Petrochemical 1000 CNPC Fushun Petrochemical 920 Total 16340 Table 2 Large-scale refining & chemical projects under construction in China (in 10,000 t/a) Group Affiliation Location Capacity Commencement Date Fujian Petrochemical 1200 2008 CNOOC Huizhou 1200 2009 CNPC Qinzhou 1000 2009 Are there any others? ? Who knows?
Sinopec’s Guangzhou Nansha project partners with Kuwait for 10 million tons per year
Sinopec Hainan Refining 800
The 10-million-ton refining and 800,000-ton ethylene project at Sichuan Petrochemical of CNPC has begun construction.
Sinopec Changling is also building a plant with an annual capacity of 8 million tons
CNPC, 10 million tons per year oil refining in Pengzhou, Sichuan
The atmospheric and vacuum distillation capacity of Sinopec Luoyang Branch has reached 10 million tons per year in terms of oil refining volume.
Tianjin Petrochemical’s 10-million-ton oil refining and 1-million-ton ethylene project； Shijiazhuang Refinery’s 10-million-ton oil refining capacity (apparently due to the Caofeidian oil field) ； Changling Petrochemical’s 10-million-ton oil refining capacity
Maoming is set to build a distillation facility with a capacity of 10 million tons, and the State Council has given its approval: victory:
Sinochem Quanzhou Petrochemical’s 5 million tons per year deep processing of heavy oil
The CNPC Fushun project is scheduled to start construction in 2012
The existing refining capacity is already sufficient to meet demand, so why invest again? **It’s such a waste
There seems to be also CNOOC Shell’s South China Sea project, the Sinopec-BP joint venture, the Sinopec BP project, and so on.
The 10-million-ton refining expansion project at Jinxi Petrochemical of China National Petroleum Corporation has also been approved
Isn’t there an excess in refining capacity? We can’t even sell all the oil; I’m already operating at minimum capacity. So why build so much more???