China: PetroChina To Develop Downstream in Yulin
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Tuesday, 25 August 2009 |
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PetroChina plans to expand its oil products sales in Yulin city,
Guangxi Autonomous Region, through upgrading the oil products tanks and
building new petrol stations over the next five years.
PetroChina is to invest 700 million yuan in expanding the capacity
of its oil product tanks by 30,000 cubic meters and will build 75 new
petrol stations. Its target will be to sell 500,000 tons of oil
products annually. PetroChina is constructing a 10-million-tons/year
refinery in Qinzhou, a port city in Guangxi, expecting to supply the
Guangxi market, traditionally belong to Sinopec.
PetrolWorld 180809
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