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Latest Analysis / East of Suez Oil Service

Energy Insights - China is Expediting its ‘Last Wave’ of Refining Projects

Published: 17 August, 2020

Highlights:

  • With 1.9 mmb/cd of new capacity added between 2017 and 1H 2020, China just finished a mega wave of refining additions. Most of these projects were approved by the government to help narrow the petchem deficit.
  • However, this has aggravated the length in transport fuels, prompting the government to ...

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