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REFINING: Yulong Refinery Fully Operational by Year End After Official Start

REFINING
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Official production started at phase one of Shandong Yulong Petrochemical’s refinery on Sept. 25 and is set to be fully operational by year-end, according to Bloomberg citing local Yantai television.

  • Phase one of the project includes capacity for 20m tons/yr of oil refining, 3m tons/yr of aromatics and 3m tons/yr of ethylene.
  • Yulong started up one of its two 200kbpd crude units on Sept. 20, according to Reuters sources.
  • The 400kbpd petchem facility is understood to have bought 5.1mbbls of crude in recent months ahead of the start of test runs.
  • In April, Yulong received 8.3 million metric tons of crude oil import quota for 2024.
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Official production started at phase one of Shandong Yulong Petrochemical’s refinery on Sept. 25 and is set to be fully operational by year-end, according to Bloomberg citing local Yantai television.

  • Phase one of the project includes capacity for 20m tons/yr of oil refining, 3m tons/yr of aromatics and 3m tons/yr of ethylene.
  • Yulong started up one of its two 200kbpd crude units on Sept. 20, according to Reuters sources.
  • The 400kbpd petchem facility is understood to have bought 5.1mbbls of crude in recent months ahead of the start of test runs.
  • In April, Yulong received 8.3 million metric tons of crude oil import quota for 2024.