Sinopec Gaoqiao completes shutdown

A crude unit at Shanghai's Gaoqiao refinery is expected to resume operations after 4 weeks of maintenance and run close to full capacity in the second half of March. The 3.3 mln tonne per year, or 67,800 bpd, crude unit is expected to start running on Thursday. The refinery, with a nameplate throughput capacity of 160,300 bpd, operated at about 90 percent in the first two months of the year. It is a subsidiary of oil major Sinopec <0386>. Like sibling coastal refiners such as Zhenhai and Fujian, Gaoqiao is mandated by its parent company to maximise runs for full efficiency following record run levels in 2000, he said. The refinery, originally designed to treat domestic sweet crude Daqing, has been treating an increasing volume of foreign crudes.

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