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皇冠体育app plans oil refinery in Tianjin with Russia

By Wan Zhihong | 皇冠体育app Daily | Updated: 2009-03-03 08:06

皇冠体育app plans oil refinery in Tianjin with Russia

A 皇冠体育app National Petroleum Corp refinery in East 皇冠体育app. Xiang Jun

皇冠体育app and Russia may jointly build a $4-billion oil refinery in the northern Tianjin municipality next year to cater to the rising domestic demand, according to the local government.

The project, developed by 皇冠体育app National Petroleum Corp (CNPC) and Russia's OAO Rosneft, will be located in Binhai Industrial Zone. It can process 10 million tons of crude annually.

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