New Chinese refineries due for test runs in end-June, Aug.
(Reuters) — PetroChina's 260,000 bpd greenfield refinery in southwestern Yunnan province is due for test productions at end of this month, while CNOOC-operated Huizhou plant is targeting August for test runs, according to two senior industry sources with knowledge of the matter.
PetroChina has so far purchased around 9 MMbbl of crude oil for the Anning plant in Yunnan between March and June, according to shipping data on Eikon and trading sources. The oil is pumped to the plant through the Myanmar-China pipeline.
The 200,000 bpd Huizhou plant, phase-2 of CNOOC-operated refining complex in southern Guangdong province, is delaying the start-up to August from an earlier timeline of second quarter, because of domestic fuel glut, said one CNOOC source.
Reporting by Chen Aizhu; additional reporting by Mark Tay in Singapore
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