OSHOT: China's ability to process Canadian heavy oil limited

09/10/2012
China's ability to process large volumes of heavy crude oil from Canada's oil sands is limited. Xingyi Wang, vice-president of China National Petroleum Corp. America Ltd., made this remark July 25 while addressing China's plans regarding heavy oil at the Oil Sands & Heavy Oil Technologies conference in Calgary. China plans to develop coking refineries to process greater amounts of heavy crude oil, but will do so at a deliberate pace and primarily by upgrades to existing facilities, Wang said. China produces 300,000 b/d of heavy oil domestically, making up 5% of total refinery feedstock in the country, Wang said. Only 15% of Chinese refineries have coking capacity, most of which is ded...
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