PetroChina Nears Restart of Shuttered Northeast China Crude Unit
PetroChina is preparing to restart the mothballed unit next month to replenish domestic fuel stocks until a replacement refinery is built, according to industry and trade sources and a PipeChina tender document.
PetroChina (SSE:601857) is preparing to restart a mothballed crude oil processing unit in northeast China next month. The move is intended to replenish domestic fuel stocks until a replacement refinery is built, according to industry and trade sources and a PipeChina tender document.