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Sinopec starts operation of crude oil pipeline in south China

March 16/2017

MOSCOW (MRC) -- China Petroleum and Chemical Corp has started operating a major crude oil pipeline that connects eastern Jiangsu province with refineries in south China, said Reuters

The pipeline, which spans 560 kilometers, runs at an annual capacity of 20 MMt, Sinopec said.

"The new crude oil pipe will support crude demand from Sinopec's Jiujiang and Anqing refinery", it added.

As MRC informed earlier, Sinopec group, parent of Sinopec Corp, will invest USD29.05 billion to upgrade four refining bases between 2016 and 2020 to produce higher-quality fuels.

China Petrochemical Corporation (Sinopec Group) is a super-large petroleum and petrochemical enterprise group established in July 1998 on the basis of the former China Petrochemical Corporation. Sinopec Group's key business activities include the exploration and production of oil and natural gas, petrochemicals and other chemical products, oil refining.


mrcplast.com
Author:Anna Larionova
Tags:petroleum products, petrochemistry, Crude oil, Sinopec, China.
Category:General News
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