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PetroChina to build oil refinery & chemical plant

07 Mar '07
2 min read

PetroChina's Sichuan project would be among the largest investments of its kind in Asia.

Saudi Arabian Oil Co, Exxon Mobil Corp. and China Petroleum & Chemical Corp. have agreed to triple the output at a refinery in southeast China and build new chemical plants.

Reliance Petroleum Ltd is spending $6.1 billion on building a 580,000 barrel-a-day plant next to its 660,000 barrel-a-day facility at Jamnagar in Gujarat state, making it the world's largest refining complex on one site.

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