29 October 2007 10:22 [Source: ICIS news]
SINGAPORE (ICIS news)--Anglo-Dutch oil major Shell expects production at its cracker joint venture in China to reach or surpass its nameplate capacity in 2007-08 and it is still keen to build a refinery in the country, a company spokesman said on Monday.?xml:namespace>
Operating rates at the 800,000 tonne/year cracker in ?xml:namespace>
Shell expects the cracker complex (including downstream plants), built together with China National Offshore Oil Co (CNOOC), to meet or surpass its nameplate capacity of 2.3m tonnes/year this year and next.
The major was keen to build a refinery to establish its downstream presence as
However, its talks with CNOOC to join the
However, Kuwaiti news agency KUNA reported that
The Anglo-Dutch major was still in talks with the Kuwait-based firm to explore other options, the spokesman said.
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