(EnergyAsia, July 28) — China has approved the construction of a US$5 billion joint venture oil refinery-petrochemical project in Nansha in Guangdong province between China Petroleum & Chemical Corp, (Sinopec) and Kuwait Petroleum Corp.   The complex includes a 12-15 million tons/year oil refining capacity and a one million ton/year ethylene capacity. The bulk of…

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