China-Russia JV Refinery Broke Ground in Tianjin     

On September 21st, a ceremony was held for the ground-breaking of the China-Russia joint venture 13 million t/a refinery at Tianjin's Binhai New Area.
   The RMB30 billion Tianjin refinery consists of 18 units, including a 13 million t/a atmospheric-vacuum distillation unit, a 2.7 million t/a continuous catalytic reforming unit and a 4 million t/a residue hydrodesulfurization unit, as well as a matching dock, an oil-tank farm and utilities.
    The integrated complex will process crude oil sourced from Russia. The refinery is designed to produce 10.5 million tons of refined products per annum, to meet growing needs in the Chinese market. The gasoline and diesel produced will meet Euro IV standard, with some in compliance with Euro V standard.
   Before the foundation laying ceremony, CNPC President Jiang Jiemin and Rosneft President Eduard Khudainatov signed an agreement on the feasibility study report of the 13 million t/a joint venture Tianjin refinery.