
THE government of China’s eastern Shandong Province has laid out plans for the further expansion of its transportation infrastructure for handling oil and gas imports and exports. Shandong is home to most of the country’s independent refineries, which have increased crude imports and oil products output this year after the Central Government gave quotas to the companies but logistics bottlenecks have led to port congestion and hampered the refiners’ ability to export excess oil products. The province now expects to increase port capacity and build pipelines for its 34 refineries which will have a total crude processing capacity of 160 million tons per year (tpy) by the end of the five-year period to 2020, its economic planner said in a report published on its website earlier last week.(SD-Agencies) |