Russia to boost oil supplies to Chinese Tianjin refinery

May 21, 2014

Russian oil giant Rosneft will boost oil supplies to China’s Tianjin refinery by over 9 million tons, Rosneft CEO Igor Sechin said on May 20, ITAR-TASS has reported.

“We have reached a very important agreement on the specific schedule of approving documents on the design and construction of an oil refinery in Tianjin, with an increase of oil supplies to the refinery by 9.1 million tons,” Sechin said. Oil deliveries will be made by sea through the Russian Pacific port of Kozmino. “We believe that this is a very important document which defines the refinery’s commissioning schedule and stipulates its launch into operation by late 2019,” Sechin said.

Copyright: ITAR-TASS, 2014