Singapore—Chinese state-owned refiners aim to run their plants at an average 78% of nameplate capacity in April, almost flat from a run rate of 77% in March, a Platts monthly survey showed. This month’s survey covered 12 Sinopec refineries, eight PetroChina refineries and CNOOC’s Huizhou refinery, which have a combined processing capacity of around 5.03 million b/d or 250.70 million mt/year. The 21 surveyed refineries plan to process 3.93 million b/d, or a total 16.09 million mt of crude oil in April, accounting for 78% of their capacity.
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