Sinopec Gaoqiao’s crude capacity to rise 15 pct soon
Reuters – Wednesday, January 13, 2010
BEIJING, Jan 13, 2010 – Sinopec’s Gaoqiao refinery will replace an old crude oil unit with a larger one in April or May, increasing its refining capacity by 15 percent to 260,000 barrels per day , an industry source said.
The old unit, with a capacity of 66,000 bpd, would be mothballed after the new 100,000-bpd distillation unit commenced operating, the source, who is familiar with the plant’s business, said on Wednesday.
“But crude runs for this year may not be higher than in 2009 as some complementary facilities are not up to higher requirements,” the source said. Gaoqiao processed 206,000 bpd of crude oil in 2009.