Dongying Port’s Integrated Refining-Petrochemical “Energy Security Center” Crude Oil Tank Farm Project Advances at 3.021 Billion Yuan

Dongying Port Energy Storage & Transport Co., Ltd. is advancing a crude oil tank farm project with a total investment of 3.021 billion yuan in the Dongying Port Economic Development Zone in Shandong Province, China, according to a disclosure. The tank farm, to be built with a capacity of 2.4 million cubic meters, will consist […]

China’s Dongying Port to Build RMB 3.01 Billion Crude Oil Storage Tank Farm Supporting Refining-Petrochemical Cluster

A new crude oil storage tank farm project is reportedly being advanced in the Dongying Port Economic Development Zone in Shandong Province, China, with project company Dongying Port Energy Storage and Transportation Co., Ltd. disclosing a social stability risk assessment. Total investment is reportedly approximately RMB 3.01 billion (about $420 million). The project involves building […]