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PetroChina To Increase Production At Daqing
By Winnie Zhu |
March 9, 2009, Monday
|
Print Edition
Print Edition
PETROCHINA Co, the nation's biggest oil company, will increase processing at its Daqing oil refinery by 3 percent this year to 6 million tons.
The plant refined 5.8 million tons of crude last year, Yang Jigang, general manager of PetroChina Daqing Petrochemical Co, told reporters at a meeting of the National People's Congress over the weekend.
The Daqing plant aims to double ethylene capacity to 1.2 million tons at a cost of about 14 billion yuan by 2012, Yang said. Expansion work started early this year, he added.
PetroChina Daqing plans to shut a 1.2-million-ton-a-year heavy-oil catalytic cracker in May or June, Yang told Bloomberg News.
The plant refined 5.8 million tons of crude last year, Yang Jigang, general manager of PetroChina Daqing Petrochemical Co, told reporters at a meeting of the National People's Congress over the weekend.
The Daqing plant aims to double ethylene capacity to 1.2 million tons at a cost of about 14 billion yuan by 2012, Yang said. Expansion work started early this year, he added.
PetroChina Daqing plans to shut a 1.2-million-ton-a-year heavy-oil catalytic cracker in May or June, Yang told Bloomberg News.
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