China Petroleum & Chemical Corp's Hainan refinery will process 1.3 percent less oil in December compared with a month earlier, according to a plant official.
Oil processing volume will be 750,000 metric tons, or about 178,000 barrels a day, compared with 760,000 tons in November, said the official Wednesday, who declined to be identified because of company rules. A diesel shortage in China has eased after state refiners boosted production and increased imports, he said.
Sinopec, as Beijing-based China Petroleum is known, has been operating its refineries at full capacity for four months as the country battles with the shortage. The plant in southern China's Hainan Island has an annual capacity of 8 million metric tons. The refinery will export 30,000 tons of reformate to Singapore this month, the official said. Reformate is an unfinished form of gasoline that's aromatic-rich and high in octane.
SOURCE: China Daily
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