A depot source in the Pearl River Delta told C1 the depot did not receive LPG cargoes originally scheduled to arrive during Oct 16-17, new arrival dates of which were unknown. Hainan Refining & Chemical had 3-4 more cargoes postponed at the moment, according to the source.
Hainan Refining & Chemical may see LPG barge sale still affected by extreme weather in the coming 3-5 days as super typhoon Megi is expected to sweep through Hainan Province by the end of this week.
Sources with Hainan Refining & Chemical were unreachable for comments.
Hainan Refining & Chemical, located in southern China's island province of Hainan, is equipped with a topping capacity of 8-mil mt per year. It produces 1,600-1,700mt per day of LPG at present and provides most of the product to the Pearl River Delta by barge due to limited demand from the local market. The refinery usually supplies one barge daily.
China ChemNet will hold China SNG/CBM (International) Summit on 10-12 Nov, 2010 in Changji City of Xinjiang Province. This summit is the high-end international summit under the guidance of authorities and experts, conference topics include five major aspects of policy interpretation, industry research, business promotion, business meetings and Sino-foreign cooperation, is not only the new type coal chemical industry conference, but also the best opportunity to energy giant polymerization, government and enterprises investment, investors looking for the project. Sincerely welcome you to attend the summit. Details: http://news.chemnet.com/list/zt/meeting/2010energy/index.html
