PetroChina starts up $2B oil refinery in Qinzhou, China

By Phaedra Friend Troy

PetroChina has started the new massive refinery in the Guangxi region of China, reports Reuters. With a daily capacity to refine 200,000 barrels, the Qinzhou refinery required an investment of $2.2 billion to construct.

The principle facilities at the refinery include a 70,000-barrel-per-day heavy residue catalytic cracker, a 44,000-barrel-per-day continuous reforming unit and a 44,000-barrel-per-day hydrocracking unit, the report said.

Located near Vietnam in the port city of Qinzhou, the new refinery took 33 months to build.

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