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Sinopec Gets OK To Double Maoming Refinery Capacity

Last Update: 8/26/2009 11:05:47 PM

SHANGHAI (Dow Jones)--The National Development and Reform Commission has approved
China Petroleum & Chemical Corp.'s (SNP) application to nearly double the annual
crude processing capacity at its Maoming refinery in southern Guangdong province
to 25.5 million metric tons, or 512,100 barrels a day, the Guangzhou-based
Nanfang Daily reported Thursday.

Sinopec, as the company is known, has started preliminary work on a new
241,000-barrel-a-day crude distillation unit at Maoming, the daily said, quoting
the refinery's general manager Li Anxi. Maoming's crude processing capacity is
currently 13.5 million tons a year.

The expansion project is part of Guangdong province's plan to reach 100 million
tons of total refining capacity by 2012, it added.

Newspaper Web site: http://www.nanfangdaily.com.cn

-Jing Yang contributed to this story, Dow Jones Newswires; (8621) 6120 1200;
[e-mail]

SHANGHAI (Dow Jones)--The National Development and Reform Commission approved
China Petroleum & Chemical Corp.'s (SNP) application to nearly double the annual
crude processing capacity at its Maoming refinery in southern Guangdong province
to 25.5 million metric tons, or 512,100 barrels a day, the Guangzhou-based
Nanfang Daily reported Thursday.

Sinopec, as the company is known, has started preliminary work on a new
241,000-barrel-a-day crude distillation unit at Maoming, the daily said, quoting
the refinery's general manager Li Anxi. Maoming's crude processing capacity is
currently 13.5 million tons a year.

The expansion project is part of Guangdong province's plan to reach 100 million
tons of total refining capacity by 2012, it added.

Newspaper Web site: http://www.nanfangdaily.com.cn

-Jing Yang contributed to this story, Dow Jones Newswires; (8621) 6120 1200;
[e-mail]

(END) Dow Jones Newswires

August 26, 2009 23:05 ET (03:05 GMT)