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China’s Yulong Petrochemical To Receive Crude From BP, Chevron From 2024

OIL

China's Yulong Petrochemical has agreed two two-year crude oil supply deals with BP and Chevron to supply its 400kbpd greenfield refinery in northern China starting 2024, a company official told Reuters.

Yulong Petrochemical is building the refinery and a 1.5mn t/yr ethylene complex in Shandong which is scheduled to start operations in December 2024

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