PetroChina to Shut Half of Oil Processing Capacity in Lanzhou
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PetroChina Co., the country’s second-biggest oil refiner, plans to shut almost half of the processing capacity of its Lanzhou plant next week to repair a fault at a secondary unit, a refinery official said.
The plant’s 3 million metric-ton-a-year catalytic cracker will be closed for about 15 to 20 days from Aug. 10 for repairs, the official said by phone from the refinery, declining to be named because of company rules. The plant will shut its 5 million ton-a-year crude distillation unit accordingly, he said.