Contract let for Guangdong heavy oil refinery

April 10, 2014
Sino-Venezuela Guangdong Petrochemical Co., a subsidiary of China National Petroleum Corp.’s (CNPC) PetroChina Co. Ltd., has let a second major contract to Metso Corp. for advanced valve technology at its 20-million tonne/year heavy crude oil processing plant in the Jieyang Nandahai Petrochemical Industrial Zone of China’s Guangdong province.

Sino-Venezuela Guangdong Petrochemical Co., a subsidiary of China National Petroleum Corp.’s (CNPC) PetroChina Co. Ltd., has let a second major contract to Metso Corp. for advanced valve technology at its 20-million tonne/year heavy crude oil processing plant in the Jieyang Nandahai Petrochemical Industrial Zone of China’s Guangdong province.

Under the new contract, Metso will deliver large Neles four-way valves and tower bottom-feeding valves for use in the project’s delayed coking process, Metso said.

The deliveries will take place during second-quarter 2015, according to Metso.

Metso previously was awarded an order for over 4,000 Neles valve controllers for the same refinery project in October 2013, the company said.

In terms of processing capability, the Guangdong refinery will become China’s largest refinery, once completed, Metso said, adding that the complex will contain 29 processing units as well as a 300,000-tonne crude oil terminal and a 30,000-50,000-tonne product terminal.

PetroChina in May 2008 entered into a joint venture agreement with Petroleos de Venezuela SA (PDVSA) to build the Guangdong refinery, which by design was configured to process Venezuelan heavy oil (OGJ Online, Nov. 15, 2013; Apr. 13, 2009).

As stakeholders, PetroChina (60%) and PDVSA (40%) have invested a combined $9.54 billion into the Guangdong project, according to Metso.