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PetroChina's Dushanzi refinery starts operations

(Xinhua)
Updated: 2009-09-23 10:16

PetroChina, the nation's largest oil producer, started formal operations at its Dushanzi refinery and chemical plant in far western Xinjiang region Monday to ensure energy security, the refinery said Tuesday.

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The plant, which includes a 10 million-ton-a-year refinery and a 1 million ton-a year ethylene production facility, is an important part of the China-Kazakhstan energy cooperation strategy.

The facility mainly processes Kazakhstan high sulfur crude pumped via a Kazakhstan-China pipeline.

It covers an area of 455 hectares and has an investment of 30 billion yuan ($4.4 billion).

The plant is expected to have an annual sales revenue of more than 60 billion yuan.