PetroChina targets refinery operations at 83% for 2002

By an OGJ Online Correspondent

BEIJING, Dec. 28 -- PetroChina Co. Ltd. is planning to raise its refinery operations for 2002 to an average 83% from last year's 79%.

PetroChina's refineries are eager to run at higher levels next year in order to raise their revenues.

However, the plan will be subject to adjustment based on domestic demand. Resumption of diesel imports next year will affect the refineries' operational rate.

According to the commitment China made in order to earn its World Trade Organization membership, it will import about 22 million tons of oil products in 2002. Of those total imports, 4 million tons will likely be diesel, which China has banned from importation since 1998 to protect domestic refineries.

At the end of June, PetroChina was operating about 95 million tonnes/year of refining capacity, down from 111.23 million tonnes at the end of last year, following closures of some small and inefficient refineries (OGJ Online, July 23, 2001).

Related Articles

Maintenance underway at Jamnagar refinery

03/27/2014 Reliance Industries Ltd. (RIL) has shut down one of three paraxylene units for planned maintenance at its 660,000-b/d Jamnagar refinery at Gujarat,...

Petronas progresses on RAPID project

03/27/2014 BMT Asia-Pacific Pte. Ltd. (BMT), a subsidiary of BMT Group Ltd., has completed a concept design for the material offloading facility (MOLF) at sta...

ENOC lets contract for Jebel Ali refinery upgrade

03/27/2014 Emirates National Oil Co. (ENOC) has let a front-end engineering and design (FEED) contract to KBR for the upgrade of its 120,000-b/d condensate re...

EPA leads investigation of crude discharge at BP Whiting refinery

03/26/2014 The US Environmental Protection Agency took formal charge of investigation and cleanup efforts after an undetermined amount of crude oil spilled in...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!


Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected