china-built brunei oil refinery to launch in India

China-Brunei joint venture signs Phase 2

  • china-built brunei oil refinery to launch in India
  • china-built brunei oil refinery to launch in India
  • china-built brunei oil refinery to launch in India
  • china-built brunei oil refinery to launch in India

Hengyi plans $13.65bn expansion

Spotlight: Brunei-China joint venture to invest

Hengyi Industries Sdn.Bhd. About Us

China, Brunei pledge to deepen, upgrade cooperation in all sectors

  • Will Hengyi build a petrochemical refinery in Brunei?
  • China’s chemical fibre products manufacturer Hengyi Petrochemical is reportedly planning to spend $13.65bn to build the second phase of a refinery and petrochemical complex in Brunei. Hengyi plans to add a 14Mpta (equivalent to 280,000 barrels per day) crude oil refinery and a 2Mtpa paraxylene unit at its Palau Muara Besar complex.
  • What is a petrochemical project in Brunei?
  • The refinery and petrochemical project invested by China's Hengyi Petrochemical Co Ltd produces refined products such as diesel and gasoline, and chemicals such as benzene, extending Brunei's oil and gas industry chain. The first phase of the project has an annual crude oil processing capacity of 8 million tons.
  • What is the largest foreign direct investment project in Brunei?
  • At Pulau Muara Besar, a JV between China and Brunei is the largest single foreign direct investment project in Brunei. The refinery and petrochemical project invested by China's Hengyi Petrochemical Co Ltd produces refined products such as diesel and gasoline, and chemicals such as benzene, extending Brunei's oil and gas industry chain.
  • How will a US$15 billion refinery & petrochemical complex impact Brunei?
  • Once completed, the US$15 billion refinery and petrochemical complex is expected to provide up to 10,000 jobs and play a crucial role in weaning the Brunei economy off its traditional dependence on its crude oil and natural gas exports.

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