News Snapshot:
Argus Website Welcome, Guest | Log In San Francisco, 21 October (Argus) — China's Dalian municipal government is reviving a plan to relocate state-controlled PetroChina's biggest plant, the 410,000 b/d Dalian Petrochemical refinery, away from Dalian city in northeast Liaoning province. But the long-mooted plan faces financial and potential regulatory hurdles and may increase petrochemical competition in the region. Dalian has one of the highest refining capacity among Chinese cities and is where PetroChina's 200,000 b/d Wepec refinery is also located. The local government has long considered this to be a safety hazard as the city becomes more built-up and...
