On February 12th, the reporter learned from the National Development and Reform Commission that the state has officially approved the 10 million-ton oil refining project of CNPC Guangxi Petrochemical and agreed to build a 10 million-ton oil refinery in China’s Qinzhou, Guangxi Province.
It is reported that this project is China's first project to process overseas self-produced equity crude oil, which will help ensure the national oil supply security, and at the same time fill the gaps in the absence of large refineries in the Southwest.
The 10 million-ton oil refining of Guangxi Petrochemical is an important item in the national “Eleventh Five-Year Plan†refining planning, and it is also the largest industrial project of single investment in Guangxi Zhuang Autonomous Region. After the project is completed and put into operation, it can produce more than 9 million tons of various types of oil products and chemical products each year, and it is mainly sold to the southwestern market. It has positive significance for alleviating the contradiction between the supply and demand of refined oil in the southwestern region and adjusting the layout of China's oil refining industry. National West Development Strategy Important Initiatives.
It is reported that this project is China's first project to process overseas self-produced equity crude oil, which will help ensure the national oil supply security, and at the same time fill the gaps in the absence of large refineries in the Southwest.
The 10 million-ton oil refining of Guangxi Petrochemical is an important item in the national “Eleventh Five-Year Plan†refining planning, and it is also the largest industrial project of single investment in Guangxi Zhuang Autonomous Region. After the project is completed and put into operation, it can produce more than 9 million tons of various types of oil products and chemical products each year, and it is mainly sold to the southwestern market. It has positive significance for alleviating the contradiction between the supply and demand of refined oil in the southwestern region and adjusting the layout of China's oil refining industry. National West Development Strategy Important Initiatives.
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