PetroChina to restart Group I base oil plant in Nanchong in May

09 April 2013 08:17  [Source: ICIS news]

SINGAPORE (ICIS)--Chinese state-owned oil and gas company PetroChina plans to restart its 40,000 tonne/year Group I base oil plant at Nanchong in Sichuan province in the second half of May, a company source said on Tuesday.

The company shut the unit on 7 April for maintenance, the source said, adding that Group I cargoes will not be available to the domestic market during the shutdown.

PetroChina is the sole Group I base oil supplier in southwest China, with a monthly supply of about 3,000 tonnes, local base oil traders said.

As a result, Group I base oil supply in southwest China is expected to fall short during the plant shutdown, the traders added.

By: Whitney Shi
+65 6780 4359

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