PetroChina to build oil products pipeline network in Yunnan
PetroChina plans to start construction of a 7.7-million ton per year (MTPY) oil products pipeline network in the far southwest province of Yunnan in 2011. The network includes three trunk lines that will start from Anning City, where PetroChina plans to build a new 10 million MTPY refinery in October 2010. The three trunk lines will cover 13 cities in Yunnan. Construction is scheduled for completion in 2013. The new refinery is slated to be commercially ready by February 2014. The new refinery and pipeline network will help PetroChina to compete against Sinopec’s current dominant position in Yunnan province. (August 20, 2010)