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CNOOC Completes Test Runs at Huizhou Refinery

Oil

The China National Offshore Oil Corporation (CNOOC) completed trial runs at its 200,000 b/d Huizhou Refinery in the Guangdong province, as reported by the China Securities Journal on Monday. The new plant is part of the second phase of CNOOC's Huizhou refining complex, which also includes a 1.2M tonne per annum ethylene plant managed by a joint venture which also includes Royal Dutch Shell. The new unit is expected to commence normal operations at the start of 2018.

China’s total refining capacity stands at about 15M b/d which compares to the US’s capacity of over 18M b/d.