Sinopec Luoyang operates the Luoyang liquids storage terminal, which is located in Henan in China. This liquids storage terminal became operational in 2020 and is owned by China Petrochemical.
The terminal, which is accessible by pipeline, primarily stores crude oil.
Key specifications of the storage terminal
Storage Capacity (bbl): 1,00,63,840
Tank Size Min (bbl): 6,29,000
Tank Size Max (bbl): 6,29,000
Number of Tanks: 16
During the period 2021-2025, the Luoyang storage terminal is expected to witness an estimated capex of $58.87m.
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.
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By GlobalData