December 23, 2024

During the "Twelfth Five-Year Plan" period, CNPC will build a 10 million-ton-class refinery in Chongqing

Liu Hongbin did not disclose more information about the refinery in Yulin.

According to a report from the second session of the Chongqing Municipal Mayor's International Economic Advisors Meeting held on September 23, 2007, CNPC will use PetroChina in its “Eleventh Five-Year Plan” and mid- to long-term oil and petrochemical construction plan. Chongqing is listed as one of the four major oil and gas nodes in China.

According to local media reports in 2007, the 300,000-ton national strategic reserve depot project established by China National Petroleum Corporation will be built in Wanzhou District. The total investment in the first phase of the equipment project of the strategic reserve depot is 500 million yuan, but the reserve of only one phase of the project can reach 300,000 cubic meters.

At present, not only has CNPC accelerated its pace in Chongqing, Sinopec has not been far behind. During the “Eleventh Five-Year Plan” period, Sinopec realized the supply of gas to Chongqing in Chongqing and built the pipeline project for Sichuan Gas to enter Sichuan, and expanded its scale of natural gas chemical industry. At the mid-to-long term, it will also build Sichuan-East Gas Pipeline and Sichuan Gas. The "Southward Down Project" has made Chongqing a major hub for natural gas and chemical logistics. These chemicals will go down the river and reach Shanghai.

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