17 October 2011 10:30 [Source: ICIS news]
The capacity of the project's refinery, which was originally planned at 400,000 bbl/day, has been downsized to 300,000 bbl/day, the source said, without elaborating further.
The companies aim to start operating the complex in 2015, the source added.
The three companies on 10 October signed a framework agreement with the Taizhou government to clarify each party’s responsibilities in the project.
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