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China plans to shut more small-scale oil refineries
(Gaschina.com.cn)
Updated: 2009-06-15 16:42
China plans to shut more small-scale oil refineries by 2011 to boost efficiency and lower pollution. Refineries with an annual capacity of less than 1 million tons, or 20,000 barrels a day, would be closed and the government will actively guide plants that can process 1 million to 2 million tons a year to cease operations or merge, the National Development and Reform Commission, said in a statement. Figures show that China is able to process 400 million tons annually, with Sinopec and PetroChina accounting for 75 percent ...
The full text is available in the June Issue ofChina Gas. Please visitpublications for more subscription details. (For more biz stories, please visit Industries)
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