(EnergyAsia, November 8) — Petrochina and Tianjin North Oil Company will jointly invest 800 million yuan in a new 600,000-cubic-meter oil storage facility in Tianjin Port. According to Xinhua news agency, the project’s first phase of 300,000-cubic metres will start operations next year. The second 300,000-cubic-meter phase will come onstream in 2007. Petrochina also…