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October 27, 2021

Zhoushan IV Liquids Storage Terminal, China

By Carmen

Sinochem Group operates the Zhoushan IV liquids storage terminal, which is located in Zhejiang in China. This liquids storage terminal became operational in 2007 and is owned by Sinochem.


The terminal, which is accessible by sea, primarily stores crude oil.

Key specifications of the storage terminal
Storage Capacity (bbl): 50,200,000
Tank Size Min (bbl): 628,980
Tank Size Max (bbl): 628,980
Number of Tanks: 50


About Sinochem Group


Sinochem Group Co Ltd (Sinochem) is a diversified holding company that carries out operations in energy, agriculture, chemicals, real estate, and finance services sectors. It is a government enterprise under the supervision of State-Owned Assets Supervision and Administration Commission of the State Council of China. The company carries out the exploration and production of oil and gas, oil refining and trading, storage and logistics, distribution and retail. It also involves in financial leasing, life insurance, and securities investment and fund management business. Sinochem also carries out development, sales, leasing and management of high-end commercial properties. The company has operations in various countries across Asia-Pacific, Europe, Africa, North America and South America. Sinochem 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.

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