China Begins $24 Billion Coal-to-Liquid Project in Hami and Xinjiang

Oct 10, 2024, 04:09 AM

China's largest and most advanced coal-to-liquid project has started construction in Hami, northwest China. The project, using domestically developed second-generation technology, is expected to produce 4 million tons of coal liquefaction products annually upon operation. Additionally, China’s biggest coal miner, CHN Energy, has announced a $24 billion investment in a coal-to-oil infrastructure project in Xinjiang. This initiative aims to reduce China's reliance on oil imports, manage surplus coal production, and supply feedstock for petrochemicals makers by converting coal into petroleum products.