North Huajin, Panjin Xincheng, and Aramco announce first Arabian crude oil shipment to HAPCO

Fahad K. Al Dhubaib, Aramco Senior Vice President of Sales & Supply Planning, noted: 

“This shipment reflects our supply capability and the depth of our long‑standing partnership with North Huajin and Panjin Xincheng and stands as a clear symbol of our role in supporting China’s long‑term energy security.  HAPCO is a significant investment in China’s industrial future, and today’s achievement brings us a step closer to delivering a project that will support high‑growth sectors for decades to come.” 

Zheng Baoming, General Manager and Deputy Party Secretary of North Huajin; Vice Chairman and Party Secretary of North Huajin Chemical Industries Co., Ltd., noted: 

“The arrival of the first shipment of Arabian crude marks a major milestone in the development of the project and brings us closer to the start of operations. The shipment represents the transformation of our partners’ shared vision into reality and lays an important foundation for HAPCO’s future. We look forward to building HAPCO into a world-class integrated refining and chemicals complex that creates long-term value and contributes to the high-quality development of the industry.”

Jia Fei, Chairman and Party Secretary of Panjin Xincheng, noted:

“The arrival of the first Arabian crude oil shipment is a critical step in HAPCO’s pre-production preparation phase and reflects the strong support and close coordination among all partners. It reinforces our shared objective of developing a world‑class petrochemical complex that will serve the long‑term industrial needs. For Panjin, the project carries particular significance as it supports the expansion of higher‑value products and fine chemicals, strengthens the integration of refining and chemical industries, and advances the city’s ambition to build a nationally recognized petrochemical and fine chemicals industry base.”

HAPCO, a joint venture among North Huajin (51%), Panjin Xincheng (19%), and Aramco (30%), is developing a complex that is expected to combine a 300,000-barrels-per-day refinery and a petrochemical plant with annual production capacity of 1.65 million metric tons of ethylene and 2 million metric tons of paraxylene.