The refinery is expected to process around 240,000 barrels per day, while it will start processing of about 100,000 bpd of Iraqi crude after completing test runs, reported Reuters.
Quanzhou plant will process sweet crude from West Africa, which include three million barrels of Angolan Cabinda crude, as part of the test runs.
Sinochem is already lifting about 200,000 bpd of Iraq’s Basra Light, under it 2013 contract.
The refinery is also planning to buy crude from other Middle East exporters such as Saudi Arabia.
"Kuwaiti crude is pricier than Iraqi oil and it is non-tradable, making it less competitive," added trading source with knowledge of the deal.
