New oil and gas terminal in south-west China put into service

Jun 28, 1999 02:00 AM

A newly-built oil and gas terminal in Qinzhou, a port city Guangxi Zhuang Autonomous Region, has been put into service, making the city the largest oil and gas storage and transport base in south-west China.
Located at the Qinzhou Port Economic Development Zone, the project consists of one 30,000-DWT-class oil wharf and oil and gas storage facilities with a combined capacity of 88,000 cm.
It was built jointly by the Shenzhen Energy Group Company. and the Shenzhen Energy Investment Company with a sum of 243 mm yuan ($ 29.35 mm).
The oil and gas base is expected to ship oil to south-western China, which is buying and transporting oil from central south and north-west China through railway with higher expenses.

Source: Asia Pulse via Iinoil
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