The government could this week take the unpopular measure of raising gas prices for the first time in three years as it pushes a package of reforms aimed at giving industry a boost, reviving a spluttering economy and boosting LNG imports. Full Article
Road building revival offers rare hope for India infrastructure overhaul. Full Article
Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade. Full Coverage
Sinopec restarts Dongxing refinery after closure-source
BEIJING Oct 24 (Reuters) - China's Sinopec Corp is restarting its 100,000-barrel-per-day (bpd) Zhanjiang Dongxing refinery after a shutdown of nearly a month, an industry official with direct knowledge of the matter said on Wednesday.
Sinopec ordered in late September the closure of three subsidiary plants in the southern province of Guangdong, including Dongxing and Guangzhou, after state media said they had violated environmental rules.
"The refinery is restarting after passing environmental checks and winning approval from Sinopec headquarters," said the source who declined to be named because he was not authorised to talk to the media.
On Saturday, Sinopec restarted a 104,000-bpd crude processing unit at its Guangzhou refinery after a shutdown of around 20 days. (Reporting by Judy Hua and Fayen Wong; Editing by Ed Davies)
- Tweet this
- Share this
- Digg this