Joint-venture
coal gasification project for Sinopec and Shell
Posted: 24 June 2003
Yueyang Sinopec and Shell Coal Gasification Company Limited signed
the EPC (Engineering/Procurement/Construction) contract with Sinopec
Lanzhou Design Institute on June 20, 2003.
At the same time, the Gasifier Internals Supply Contract was signed
with Babcock Borsig Espana of Spain. These two significant contracts
mark the start of project implementation.
In November 2001, Yueyang Sinopec and Shell Coal Gasification Company
Limited was jointly established, on a 50/50 shareholding basis,
by China Petroleum and Chemical Corporation (Sinopec) and Shell.
On June 20, 2003, the Board of the Company approved the project’s
final investment decision.
The total investment of the project is RMB 1.133 billion. Plant
production start up is planned for end 2005.
The project will use Shell coal gasification technology to convert
coal, with a daily processing capacity of 2000 tons, into synthetic
gas. The syngas produced will replace the current feedstock —
naphtha — for the fertilizer plant owned by Sinopec Baling
Branch Company.
The project will reduce feedstock cost for the Baling Branch Company
and improve its competitiveness. It promotes the use of highly efficient
and clean energy technology to provide good economic and social
benefits.
Posted by Richard Price,
Editor Pipeline Magazine
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