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On the Chinese Coast, These "Theatrical Refineries" that Live From Venezuelan and Iranian Oil

Summary by Le Monde
In Shandong, the epicenter of China's petrochemical industry, alongside the sites of the national companies, smaller plants have specialized in refining oil produced by the countries banished by Washington. But their fragile model is now threatened.

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Le MondeLe Monde
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On the Chinese Coast, These "Theatrical Refineries" that Live From Venezuelan and Iranian Oil

In Shandong, the epicenter of China's petrochemical industry, alongside the sites of the national companies, smaller plants have specialized in refining oil produced by the countries banished by Washington. But their fragile model is now threatened.

·Paris, France
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Le Monde broke the news in Paris, France on Thursday, January 15, 2026.
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