The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
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- Chinese
Shanghai Nanjiao Petrochemical Exchange has recently put a 128,000 cubic meters of oil product storage facility into operation at Zhoushan in east China's Zhejiang province, a company source told C1 on Thursday.
The terminal as the phase II project of the company is affiliated by a 150,000dwt jet, a 50,000dwt jetty and three 30,000dwt jetties, the source said.
The phase I project of 780,000 cbm of storage became operational in 2010.
The whole project is a joint venture between Shanghai Nanjiao Petrochemical Exchange (51%) and Zhoushan Century Pacific Chemical (49%).
Shanghai Nanjiao Petrochemical Exchange was established in December 2008 in the Shanghai Fengxian Economic Development Zone with private oil companies as main customers.
Along with the rapid development of China's energy industry, China Oil & Gas Pipeline network is experiencing unprecedented great structure, large-scale construction and giant leap. Read More >
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