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The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
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The 26thBeijing International Exhibition on Equipment of Pipeline and Oil & Gas Storage and Transportation

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BEIJING, China

March 26-28,2026

LOCATION :Home> News> Industry News

New Oil Storage Facility to Cost 550m yuan

Pubdate:2012-01-13 14:12 Source:zhanghaiyan Click:

Royal Dutch Shell's Chinese joint venture, Shell North China Petroleum Group, has signed an agreement with the Nangang Industry Zone to build a storage facility in Tianjin that would hold 200,000 cubic meters of oil, according to an e-mailed statement from the zone's management committee.


The move will help further expand the global energy giant's business in China, the statement says.


The project, budgeted at 550 million yuan, is expected to start in June and finish one year later.

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