China’s Sinopec has not received a government order to relocate the Yanshan oil refinery, the company has said.
The statement contradicts earlier reports that the plant would be moved to develop the Xiongan New Area.
It had been claimed Sinopec would move the Yanshan oil refinery to the district of Caofiedian.
Yanshan is one of Sinopec’s largest plants in northern China, capable of refining 10 million tonnes per year of crude, or about 200,000 barrels per day.
