China Petroleum & Chemical operates the Yizheng II liquids storage terminal, which is located in Jiangsu in China. This liquids storage terminal became operational in 2018 and is owned by China Petrochemical.
The terminal, which is accessible by sea, primarily stores crude oil.
Key specifications of the storage terminal
Storage Capacity (bbl): 61,32,555
Tank Size Min (bbl): 6,28,980
Tank Size Max (bbl): 7,86,225
Number of Tanks: 9
About China Petroleum & Chemical
China Petroleum & Chemical Corp (Sinopec), a subsidiary of China Petrochemical Corporation, is a vertically integrated energy and chemical company. It operates in the oil and gas exploration and production, extraction and marketing; oil refining; and production, marketing, storage and transportation of petrochemicals, chemical fibers, chemical fertilizers and other chemical products. The company also undertakes import and export agency business of crude oil, natural gas, refined oil products, petrochemicals, chemicals, and other commodities and technologies; research, development and application of technology and information. Its product portfolio includes refined oil products such as gasoline, diesel and jet fuel; and petrochemical products that include synthetic resin, synthetic fiber monomers and polymers, synthetic rubber, synthetic fiber, chemical fertilizer and petrochemical intermediates. Sinopec 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.
