(ICIS)--Sinopec Beihai Petrochemical has started up its new 5m tonne/year refinery at Beihai in Guangxi and will offer oil products from next month, a company source said on Friday.
The company also plans to start up all auxiliary units, primarily a 1.7m tonne/year fluid catalytic cracker, a 2.6m tonne/year gasoil hydrogenation unit, a 1.2m tonne/year delayed coker and a 200,000 tonne/year polypropylene (PP) plant at the same site before the Lunar New Year holiday (22-28 January).
However, initially the units will not run at high operating rates, the source said.
⌠We will begin to supply oil products in January, the source added.
The refinery was previously scheduled to start on 18 December, but production was delayed until late December as a fluid catalytic unit was not ready for operation at the time.
Production at this refinery will help to push up Sinopec's crude throughput in 2012, industry sources said.
(bbc.co.uk) -- Turkey has given permission for the South Stream gas pipeline to be built across its territories, giving the project a clear run into the lucrative energy markets of Europe.
The pipeline will transport Russian gas to Europe under the Black Sea. It will now be able to bypass Ukraine, which had failed to reach an agreement with the pipeline's owners.
Gazprom has a 50% stake in the project, Italy's Eni 20% and France's EDF and Germany's Wintershall 15% each. A short statement from Gazprom said "all necessary and unconditional permits were granted".
The full pipeline is expected to be completed by the end of 2015.
The main rival to the South Stream project is the EU-backed Nabucco pipeline, which is set to carry gas from the Caspian region to Austria, passing through southern Europe.