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2011/10/13 CNPC
Shell & PetrochinaAQatarΕVRKXJ
CNPC, Qatar Petroleum International and Shell
(China) Limited sign framework agreement
On October 10, CNPC, Qatar
Petroleum International and Shell (China) Limited
signed a cooperation framework agreement with Taizhou Municipal Government, to
jointly build a refining and petrochemical complex in Taizhou, Zhejiang
province΄]ΘδBs.
CNPC Vice President Shen Diancheng, Qatar Petroleum International CEO Nasser,
Shell (China) Limited Chairman Lin Haoguang, and Mayor of Taizhou Wu Weirong
attended the signing ceremony.
The Taizhou refining and petrochemical project will refine
imported condensate to produce ethylene and other
petrochemicals. It will spur the construction of many midstream and
downstream petrochemical projects, highly raise local self-sufficiency rate of
petrochemical products, and promote the industrial transformation and upgrading
in Zhejiang province.
theplasticsexchange.com
The project totally costs CNY 80 billion. Shell
and Qatar Petroleum International hold a 24.5% stake separately while CNPC
hold the rest 51%.
Phase-I includes a wharf processing 20
million tons of crude oil, which has an annual output of 1.2 million tons of
ethylene and 300,000 tons of crude oil. Crude oil wharf will be positioned
on the Dachen Island of Taizhou. Oil of the project comes from oil produced
by Qatar General Petroleum Corporation (QGPC) and Shell's share in Qatar.
[[[[
2011/10/22@Shanghai
Petrochina, Shell and QPI Signed Agreement
for Petrochemical Complex in Zhejiang
On Oct. 10, 2011, PetroChina, Shell (China) Limited and Qatar Petroleum
International (QPI) signed a framework agreement for the proposed jv
petrochemical complex in Taizhou, Zhejiang Province.
According to industrial media, the total investment of this complex will reach
RMB 80 billion, which will include 20 Mt/a refining capacity and 1.2 Mt/a
ethylene, the imported condensate as raw material will be sourced from Qatar.
PetroChina will have 51% shares, while QPI 24.5% and Shell 24.5% respectively.
In June 2011, NDRC has given the preliminary nod for this complex, in procedure,
before start of construction, the project still need to get the environmental
approval from MEP (Ministry of Environment Protection) and then the final
approval from NDRC.
The complex will be located in Luqiao (H΄) district, Taizhou City, and the Oil
Jetty will be located in Dachen Island (εΒ). In the future, the crude oil will
be transported by a 23km benthal pipeline.
Condensate is a low-density mixture of hydrocarbon liquids that are present as
gaseous components in the raw natural gas produced from many natural gas fields.
It condenses out of the raw gas if the temperature is reduced to below the
hydrocarbon dew point temperature of the raw gas.
In May 2010, PetroChina and QPI signed a 30 years deal for gas exploration and
production in Qatar. Shell, as operator, will hold a 75 percent stakes, with
CNPC holding the remainder 25%.
2008/10/29 Asia Chemical
Weekly
Petrochina, Shell and QPI
planned petrochemical complex in Zhejiang ΄]ΘδB
Recently, the
Taizhou government announced that PetroChina, Shell and Qatar Petroleum
International (QPI) had
planned a petrochemical complex in Taizhou (δB), Zhejiang Province.
In Jun. 2008, the three companies signed a Letter of Intention in Doha, Qatar, the LoI was
signed by Mr Abdulla Bin Hamad Al Attiyah deputy PM, minister of
energy & industry and also chairman of QPI, Mr Jiang Jiemin
president of PetroChina and Ms Linda Cook executive director of
Royal Dutch Shell.
According to the local government, the three parties will jointly
start the preliminary study for proposed a 20 Mt/a refinery,
a 12 Mt/a ethylene project as well as a 300,000 DWT Crude Oil
jetty in
Taizhou. The complex will be located in Luqiao (H΄) district, Taizhou City, and the
Oil Jetty will be located in Dachen Island (εΒ). In the future, the crude oil
will be transported by a 23km benthal pipeline.
According to the LoI, in the proposed integrated petrochemical
complex, PetroChina will have a 51%
shareholding, while QPI 24.5% and Shell 24.5%.
Now, Petrochina is conducting the market investigation and
feasibility study. It is scheduled to send the project proposal
to NDRC by the end of 2008; and get the approval from government
by the end of 2009.
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Xinhua 2009-08-07
Location of oil
complex in China not decided yet: Shell China
The location of a
planned refining and chemical complex, a joint project
between PetroChina, Shell China Exploration and Production
Ltd (Shell China) and Qatar Petroleum (QP) has not been
decided yet, Li Lusha, spokesperson of Shell China told
Xinhua Friday.
Li made the comment
in response to media reports saying the complex would be
built in Taizhou of East China's Zhejiang province.
"We are still
evaluating the project's feasibility and will release any
further information about it soon," Li said.
PetroChina has
submitted the project plan to the National Development and
Reform Commission for approval but had not received any
reply, Caijing, a leading financial magazine in China,
reported Wednesday, citing Zhang Qingyuan, deputy director of
program planning division of refining and chemical branch of
PetroChina.
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2008/3/23 ANI
Qatar Petroleum International, Sinopec to build ethylene plant in
China
Qatar Petroleum International (QPI) and Chinafs Sinopec have
signed a memorandum of understanding for construction of an
ethylene plant with the capacity to produce between
700,000 and 800,000 tons of ethylene a year in
China.Qatar
Petroleum International, Sinopec to build ethylene plant in China
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2008/6/23 Shell
QPI , PetroChina & Shell sign LOI for refinery and
petrochemical manufacturing and marketing in China
In the presence of His Highness Sheikh Tamim Bin Hamad
Al-Thani, the Heir Apparent of the State of Qatar, Qatar
signed today with PetroChina Company Limited (PetroChina),
and Shell (China) Limited (Shell), a Letter of Intent (LOI)
to commence joint preliminary studies to assess the viability
of building a refinery and petrochemical manufacturing
complex and marketing its products in China. The signing was
witnessed also by Mr. Xi Jinping, Vice President of the
Peoplefs Republic of China and His
Excellency Sheikh Hamad Bin Jassem Bin Jabor Al-Thani, Qatarfs Prime Minister and Minister
of Foreign Affairs
The integrated refinery and petrochemical complex will have world-class
production capabilities to produce refined fuels and
petrochemical products. PetroChina
will have a 51% shareholding, QPI 24.5% and Shell 24.5%.
2010-05-16 Petrochina
natural gas in Block D close to Ras Laffan.
Qatar Petroleum, Shell and PETROCHINA COMPANY
LIMITED sign new Exploration and Production Sharing agreement
Qatar Petroleum (gQPh) on behalf of the Government of the State of Qatar has
signed today a new Exploration and Production Sharing
Agreement (gEPSAh) with Shell and PetroChina Company Limited (gPetroChinah)
for Qatar Block D.
The agreement was signed in Doha by His Excellency Abdulla bin Hamad Al-Attiyah,
Deputy Prime Minister and Minister of Energy and Industry, Peter Voser, Chief
Executive Officer of Royal Dutch Shell plc, and Mr. Zhao Dong, Chief Financial
Officer of PetroChina International Investment Company Limited.
Under the agreement, the partners will jointly explore for natural gas in Block
D. Block D covers an area of 8,089 square kilometres onshore and offshore Qatar
and is located close to Ras Laffan.
The Block D concession is for pre-Khuff geological intervals. The overlying
Khuff horizon contains the super-giant North Field. Part of the Block D
concession extends beneath the North Field.
The total term of this agreement is 30 years and starts with a five year First
Exploration Period. During the exploration period, Shell and PetroChina will
implement a work programme including exploration technical studies, 2D and 3D
seismic acquisition, processing, re-processing and interpretation, and drilling
a number of exploration wells to the pre-Khuff formation.
Shell, as operator, will hold a 75 per cent equity
share with PetroChina holding a 25 per cent share.
In a success case, Shell and PetroChina will produce the natural gas under Qatar
Petroleumfs supervision. Under the agreement QP will be the off-taker of any
potential gas produced.
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