RE:China's largest investment project in brunei is in full operation
"200177 published on 2019-11-04 10:51:49
China's largest investment project in brunei, hengyi petrochemical great mora comprehensive refinery project, successfully opened the whole process of the plant and put it into full operation Wednesday, successfully producing gasoline, diesel, aviation kerosene, benzene and other products, marking a successful commissioning of the project.Hengyi industrial (brunei) co., LTD. Chief executive officer Chen lianchai said on the same day, hengyi project products can not only meet brunei's domestic demand, but also export to the international market to improve brunei's trade balance. In addition to improving brunei's oil and gas industry chain, the hengyi project will also drive the development of logistics, engineering services and catering industries to create jobs for brunei.Haji suni, brunei's minister of energy, manpower and industry, previously said the project could add $1.33 billion to brunei's gross domestic product in its first year and create more than 1,600 jobs.Hengyi industrial (brunei) co., LTD is a joint venture between zhejiang hengyi group of China and brunei government. Hengyi petrochemical grand mora comprehensive refinery project is one of the flagship cooperation projects between China and brunei. It will help upgrade brunei's industry, reduce the country's dependence on oil and gas exports, and further promote bilateral economic and trade cooperation."