Yokogawa China, a subsidiary of Japan's Yokogawa Electric Corporation, is to deliver control systems for a new oil refinery in China's Yunnan Province.
The contract was awarded by Yunnan Petrochemical Co. Ltd., which is jointly owned in part by PetroChina Co. Ltd., the publicly listed arm of state-owned China National Petroleum Corp. (CNPC). The new plant will be one of the largest refineries in southwestern China, with an annual output of 10 million tons. It is scheduled to start operating later in 2015.
Under the agreement Yokogawa China will provide an oil movement and storage (OMS) system as well as a CENTUM VP integrated production control system to monitor and control the main installations at the refining complex.
Financial details of the contract were not disclosed.
The new refinery will have 13 processing units and 77 auxiliary and public installations, according to an August announcement by CNPC construction affiliate China Huanqiu Contracting & Engineering Corp., quoted by the Oil & Gas Journal.
The facility is one of several oil refineries that will be built in Yunnan Province over the next five years, together with an ethylene plant, to receive and process 23 million tons of crude oil imported annually from Myanmar (Burma). The refined oil products and ethylene from these plants will be sent on to other plants in Yunnan Province and other inland regions, significantly reducing transportation costs, Yokogawa Electric Corporation said.
