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UPDATE 1-China's Hengyi runs new Brunei refinery near full rates - officials

Published 01/02/2020, 01:55 PM
Updated 01/02/2020, 01:56 PM
© Reuters. UPDATE 1-China's Hengyi runs new Brunei refinery near full rates - officials

(Adds details on fuel exports; background)
SINGAPORE, Jan 2 (Reuters) - China's Hengyi Petrochemical Co
Ltd 000703.SZ is operating its new 160,000 barrels per day
refinery in Brunei at near full capacity after trial production
began in July, two company officials told Reuters.
The plant in Palau Muara Besar is one of four greenfield
refineries to begin operations in Asia in 2019. The project
includes a one million tonne per year (tpy) aromatics plant and
a 500,000-tpy benzene unit.
"Hengyi's Brunei project is running at almost full
capacity," a company spokeswoman said on Thursday.
Earlier this week, a Hengyi executive told Reuters that
exports of refined fuels from the plant, including gasoline,
diesel, aviation fuel and liquefied petroleum gas (LPG) have
been running smoothly.
"Almost all of our LPG exports went to the Philippines due
to its geographic proximity. Indonesia is the main client for
our gasoline shipments and diesel moved in the region, including
Australia," said the executive.
Hengyi's aviation fuel landed in destinations like Hong Kong
and even as far as the west coast of the United States, the
executive said, with specifying the volumes of each product.
The company has said the plant will produce nearly a
combined 6 million tonnes of gasoline, diesel and aviation fuel
a year.

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