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Yulong Island Refining and Chemical Integration Project

Sector: Chemical (Industrial) • Location: Yantai, Shandong, China

Source: Baird Maritime

Project
Operational With Sanctions Impact

Yulong Island refining and chemical integration project is a $20 billion oil refinery in Shandong province, China, with a capacity of 400,000 barrels per day. The project was part of Beijing's efforts to modernize and consolidate the refining sector in Shandong. The refinery sources crude oil from various countries including Oman, UAE, Canada, and Russia. It has faced operational disruptions due t

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The project “Yulong Island Refining and Chemical Integration Project” is an infrastructure initiative in the Chemical (Industrial) sector, located in Yantai, Shandong, China. Taiyo aggregates data on it from Baird Maritime.

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operational with sanctions impact

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Description

Description

Yulong Island refining and chemical integration project is a $20 billion oil refinery in Shandong province, China, with a capacity of 400,000 barrels per day. The project was part of Beijing's efforts to modernize and consolidate the refining sector in Shandong. The refinery sources crude oil from various countries including Oman, UAE, Canada, and Russia. It has faced operational disruptions due to sanctions imposed by the UK and EU for dealing in Russian oil, leading to the exit of Western partners and suppliers.

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High

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100%

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