China Petrochemical operates the Baisha Bay liquids storage terminal, which is located in Zhejiang in China. This liquids storage terminal became operational in 2009 and is owned by China Petrochemical.
The terminal, which is accessible by road, primarily stores crude oil.
Key specifications of the storage terminal
Storage Capacity (bbl): 1,25,79,600
Tank Size Min (bbl): 3,14,490
Tank Size Max (bbl): 9,43,470
Number of Tanks: 19
About China Petrochemical
China Petrochemical Corp (Sinopec Corp) is a petroleum and petrochemical company. It is engaged in the exploration and production, pipeline transportation, and sale of petroleum and natural gas. The company is also involved in the production, sale, storage and transportation of products such as petrochemical products, gas-based chemicals, coal chemical products and other chemical products; new energy and geothermal energy; and installation of petroleum and petrochemical equipment. Sinopec Corp is also involved in the research, development and application of technologies and information. The company has operations in the US, Hong Kong and China. Sinopec Corp is headquartered in Beijing, China.
Methodology
Information on the liquids storage terminal is sourced from GlobalData’s liquids storage terminal database that provides detailed information on all active and upcoming, liquids storage terminals globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.