Dagang Refinery Project

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Summary Information

Ownership: Rosneft, Petrochina Website: http://www.rosneft.com/ Wiki Page: Location: Tianjin, China Capacity: 13.0 million tons/annum & 260,000 bbl/day Nelson Complexity: Project Stage: Planning Budget: $5 Billion Expected Completion: Commissioning is expected in 2020 The Project

Project Type: Greenfield Refinery Project Summary: With a total investment of RMB 30 billion, the Tianjin refinery consists of 18 sets of process units, including a 13Mt/a atmospheric-vacuum distillation unit, a 2.7 Mt/a continuous catalystic reforming unit and a 4Mt/a residue hydrodesulfurization unit, as well as a dock, an oil-tank farm and utilities. Main Contractors Refining Units

Atmospheric Distillation Vacuum Distillation continuous catalytic reforming unit - 2.7 Mt/a Residue hydrodesulfurization unit - 4Mt/a Terminal Capacity

Crude Oil: Refined Products: Crude Supply

Russian companies will supply 70 percent of the crude to the facility at market prices, with the remaining 30 percent from Arab countries. Products Produced

All the produced gasoline and diesel will meet Euro Ⅲ standard, with some in compliance with Euro Ⅴ standard. Most of the refined products will be sold in Chinese market History

2010 - Foundation laid 2013 - Rosneft and CNPC Agree Key Principles of Commissioning Schedule and Crude Oil Deliveries 2014 - Agreement made to do feasibility Other Information

Final investment decision expected in 2017

Links

  1. Foundation laid of the China-Russia joint venture refinery in Tianjin
  2. Development of Cooperation Between Rosneft and CNPC
  3. BusinessRussia, China negotiate increased oil deliveries to joint refinery
  4. Rosneft and CNPC Agree Key Principles of Tianjin Refinery Commissioning Schedule and Crude Oil Deliveries for Refining at Tianjin
  5. Rosneft and CNPC Endorse Feasibility Study for Construction of the Tianjin Refinery