(EnergyAsia, August 17, Friday) — PetroChina has proposed to invest 6.5 billion yuan in an 8.1-million cubic metre tank to store crude oil in the Xinjiang region in northwest China. (US$1=7.56 yuan).Construction of the project’s first phase, with a storage capacity of one million cubic metres, has started and due for completion by end-2008.The company…

This article is for Subscriber members only.
Log In Register