简介:Bytheendof1998Chinaboasted220refinerieswithatotalcrudeprocessingcapacityof262Mt/a.Theaveragerefinerysizeatthattimewas1.194Mt/a.Refinerieswithprocessingcapacityexceeding5.0Mt/aaccountedforonly21.26%,whilethecapacityofsinglerefiningunitswerealsosmallthatcouldnotconformwiththeeconomyofscale.China'srefiningindustryisfacedwithatoughtaskofstructureadjustment.