China’s province of Shandong – home to most of the country’s independent refiners – plans to shut down as much as 500,000 bpd refining capacity at the so-called teapots as it pushes forward with a huge US$20-billion refinery and petrochemical complex in the province, industry officials told Reuters....Oilprice
China Shuts Down Teapot Refiners To Make Room For New $20 Billion Complex
Tsvetana Paraskova
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