The 16 million-ton refining project in Guli, a result of China-Saudi cooperation, is expected to be completed and put into operation by 2025

2022-12-10View Original

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According to Sinopec, on December 9, the company and Saudi Aramco signed a framework agreement for the second phase of the Fujian Gulei project. This second phase involves the construction of an integrated facility capable of processing 16 million tons per year of crude oil, as well as producing 1.5 million tons per year of ethylene and its derivatives; completion and operation of this facility are expected by the end of 2025. At the same time, Sinopec signed cooperation memorandums of understanding with Aramco and SABIC, aiming to jointly develop a large-scale project in Yanbu, Saudi Arabia, to convert liquid raw materials into chemical products; this project will be optimized in coordination with the Yanbu refinery.

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The 16 million-ton refining project in Guli, a result of China-Saudi cooperation, is expected to be completed and put into operation by 2025

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