CNPC, Chad sign deal for N'Djamena refinery

Uchenna Izundu
OGJ International Editor

LONDON, Aug. 27 -- China National Petroleum Corp. (CNPC) plans to start the first refinery in Chad in partnership with the country’s government by 2011.

The parties signed a memorandum of understanding Aug. 24 for the N'Djamena refinery to establish a joint venture, secure a loan, and apply for a preferential export buyers’ credit.

In 2008, the foundation was laid for the 2.5 million tonne/year refinery, which is 60% owned by CNPC and 40% owned by the Chadian Ministry of Petroleum (OGJ Online, Oct. 10, 2008).

Rebel attacks were launched on the capital in 2008, which delayed the start of construction. The refinery is expected to cost as much as $960 million.

The refinery will initally serve local markets and could later provide products to nearby states.

Contact Uchenna Izundu at uchennai@pennwell.com.

Related Articles

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...

TonenGeneral slashes crude capacity at Chiba refinery

03/26/2014 TonenGeneral Sekiyu KK said it plans to cut crude oil processing capacity at its 175,000-b/d Chiba refinery Keiyo, Japan, to comply with a 2010 ord...

Neste Oil advances power plant revamp at Porvoo refinery

03/26/2014 The environmental impact assessment report on a project to modernize the power plant at Neste Oil’s 205,000-b/d Porvoo, Finland, refinery has been ...

Yanchang Petro lets contract for Chinese processing plants

03/26/2014 Shaanxi Yanchang Petroleum (Group) Co. Ltd. (Yanchang Petro) has let a contract to Yokogawa China Co. Ltd., a subsidiary of Yokogawa Electric Corp....

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