Crude Oil Refinery

A manager of PetroChina local refinery Shandong Dongming Petrochemical Group Co., Ltd. said on Friday that CNPC’s Fuel Oil Co., Ltd. signed a cooperation agreement with Dongming Petrochemical Co., Ltd. early this week to supply Dongming Petrochemical refinery. crude.

The executive revealed to Dow Jones Newswires that the above cooperation agreement is part of a broad cooperation between China National Petroleum Corporation and Dongming Petrochemical. A crude oil pipeline connecting Rizhao Port to Dongming is the focus of cooperation between the two parties. Dongming Petrochemical is the largest local refinery in China.