Fluor Performs Feasibility Study for PetroChina, QP, Shell JV in China

Fluor says it is currently doing a feasibility study for the previously announced refinery and petrochemicals joint venture with PetroChina, Qatar Petroleum (QP), and Shell at Taizhou, China. The feasibility study for the proposed 440,000-bbl/day refinery and 1.2 million m.t./year petrochemicals complex is being led by Fluor’s Shanghai and Houston centers, and the final feasibility study report is expected to be completed by the end of this year, Fluor says. The value of the contract was not disclosed. Shell and QP would have a 24.5% stake each in the jv...

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