SPECIAL REPORT: Capacity, complexity expansions characterize China's refining industry past, present, future

03/07/2011
PetroChina's Lanzhou refinery has since 2008 raised its charge capacity to 320,000 b/d from 210,000 b/d and will likely expand further to 400,000 b/d in the 12th Year Plan. Photo from CNPC.Kang WuEast-West CenterHonoluluChina currently has the world's second largest refining sector behind the US. After decades of development, its refining industry has expanded spectacularly, with crude distillation capacity rising to 7.1 million b/d in 2005 from 2.1 million b/d in 1985 and has finally exceeded 11 million b/d since mid-2010.Capacity; playersChina's total refining capacity data are not all reliable. The main reason is the thorny issue of locally owned refineries, dubbed "teapot refiner...
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