Crude Oil

Sinopec Starts New Commercial Crude Oil Tank Farm in East China

Six tanks, each able to store 100,000 cubic meters, were opened.

Sinopec Starts New Commercial Crude Oil Tank Farm in East China

OILMONSTER.COM- China Petroleum and Chemical Corp, known as Sinopec, last month started operating a new commercial crude oil tank farm in the eastern Chinese city of Yizheng, the National Development and Reform Commission said in a statement on Tuesday.

Six tanks, each able to store 100,000 cubic meters, were opened. The storage capacity is equivalent to 3.8 million barrels. 

Courtesy: www.reuters.com

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