(EnergyAsia, February 17 2012, Friday) — Sinopec Group has started operations at its 20-million-barrel strategic crude oil storage base in Hebei province in northern China.Built at a cost of 2.62 billion yuan, the new terminal in Caofeidian comprises 32 tanks each capable of storing up to 100,000 cubic metres of crude. (US$1=6.3 yuan).  …

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