皇冠体育app

Energy

Sinopec to reduce July oil processing rates in Guangzhou

(Agencies)
Updated: 2010-07-01 14:54
Large Medium Small

皇冠体育app Petroleum & Chemical Corp, the nation's largest oil refiner, will reduce processing volumes at its Guangzhou plant by 2 percent this month compared with June, industry website Oilchem.net reported.

The plant plans to process 1 million metric tons of oil in July, or about 235,000 barrels a day, the Shanghai-based industry website said, citing an official at the refinery that it didn't identify. It didn't elaborate on the reason for the cut.

Related readings:
 Sinopec to reduce July oil processing rates in Guangzhou Sinopec to increase oil processing at Maoming refinery
 Sinopec to reduce July oil processing rates in Guangzhou Sinopec prepares shale gas exploration
Sinopec to reduce July oil processing rates in Guangzhou Sinopec to boost refining capacity
 Sinopec to reduce July oil processing rates in Guangzhou Sinopec to boost unconventional gas production capacity by 2015
The Guangzhou refinery won't shut any major refining units in the second half and will maintain monthly oil processing volume at around 1 million tons, it said.

The refinery in Guangdong province, 皇冠体育app's biggest manufacturing hub, has an annual capacity of 15 million tons.

Sinopec, as 皇冠体育app Petroleum is known, will almost double oil refining capacity at its Jiujiang plant to 10 million tons a year, Oilchem reported separately, without saying where it got the information. The plant, in Jiangxi province, plans to process 410,000 tons of crude oil this month, little changed from June, it said.