Fuel Project News in Brief
Year:2009 ISSUE:23
COLUMN:ENERGY
Click:207    DateTime:Aug.19,2009
Fuel Project News in Brief      

Jiangsu Xinhai Petrochemical Co., Ltd. started construction on its 1.2 million t/a heavy oil fluid catalytic cracking (FCC) unit in Ganyu, Lianyungang, Jiangsu province on June 27th.
   The company is a joint venture between Shandong Dongming Zhongyou Fuel Petrochemical Co., Ltd., Lianyungang Wanhai Petrochemical Co., Ltd. and a Shandong-based investor.
    Jiangsu Xinhai Petrochemical plans to invest RMB9 billion to build refining projects in three phases. The first phase 1 million t/a delayed coking facility was completed at the end of 2008 and came on stream in July 2009. The second phase, now launched, 1.2 million t/a heavy oil FCC unit is scheduled to startup in May 2010. Upon completion of all units, 5 million t/a heavy oil processing capacity will be formed by 2012.

Sinopec Baling Petrochemical Yueyang Refinery completed its 700 000 t/a continuous catalytic reforming facility on June 18th. The plant is located in Yueyang, Hunan province.

BlueStar Tianjin Chemical Co., Ltd.'s gas separation unit produced qualified products on June 8th, indicating that the unit has come on stream from the day.

CNOOC Limited (HK: 0883) has put the Tangguh LNG project into operation since July 6th.
    Tangguh LNG project, Indonesia's third largest LNG center, will supply 2.6 million tons of LNG per year to China's Fujian province since 2009 for 25 years.
    CNOOC Limited held 13.9% stake in Tangguh LNG project. It is operated by BP Indonesia with a 37.16% interest. Other partners are MI Berau B.V. (16.3%), Nippon Oil Exploration (Berau) Ltd. (12.23%), KG Berau/KG Wiriagar (10%), LNG Japan Corporation (7.35%) and Talisman (3.06%).