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Exxon Mobil, Saudi Aramco enter China oil markets |
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叶向农主任 [个人文集]
加入时间: 2004/02/12 文章: 1977
经验值: 77
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作者:叶向农主任 在 罕见奇谈 发贴, 来自 http://www.hjclub.org
HOUSTON (MarketWatch) -- Exxon Mobil Corp., Saudi Aramco and China's Sinopec Sunday inked an agreement to upgrade and triple the capacity of the Fujian province refinery, giving the foreign firms a key toehold into one of the fastest growing energy markets in the world.
The world's major oil companies are jostling to crack into Asian markets by signing agreements with state-oil firms to gain access to that region's surging demand.
Exxon, the world's largest publicly-traded oil company, has gone on record saying it anticipates global energy demand growing by about 60% by 2030, most of which will come from developing countries, primarily India and China.
This latest agreement, which also includes plans to build a petrochemical complex and market automotive fuels to the domestic market, signifies the first fully integrated refining and marketing joint venture project between a Chinese oil company and foreign partners.
The project will expand the Fujian refinery's capacity to 240,000 barrels-per-day from 80,000 bpd and will outfit the plant with more complex refining technology that will enable it to process Saudi Arabia's heavy, sour crude into lighter products such as diesel and gasoline.
Additionally, the project will build a petrochemical complex to produce plastics and gasoline blending components, including an 800,000 tons-per-year ethylene steam cracker and 800,000 tons-per-year polyethylene unit. Crackers break down heavier hydrocarbons such as crude oil into lighter products that have higher commercial value.
The upgraded refinery should begin operating in early 2009.
The trio also signed a pact to market diesel and gasoline produced by Fujian Refining and Eythlene Joint Venture Product through a network of 750 service stations and terminals in Fujian province.
ExxonMobil China Petroleum and Petrochemical Co. and Saudi Aramco Sino Co. will each own 25% stakes in the refining and petrochemical complex. Fujian Petrochemical Co., a company owned 50% by Sinopec and 50% by the Fujian provincial government, will own the remaining half.
The companies declined to divulge how much the project will cost. End of Story
Jasmina Kelemen is a MarketWatch reporter based in Houston.
作者:叶向农主任 在 罕见奇谈 发贴, 来自 http://www.hjclub.org |
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