【Haichuan Project Updates】Sinopec’s first crude oil storage facility project in Xinjiang kicks off

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Recently, the bidding process for the **-level key project, namely the \"Kuqa Crude Oil Commercial Reserve Base Project of Sinopec Petroleum Commercial Reserve Co., Ltd.\", was successfully completed at the Northwest Branch of Sinopec Group Bidding Co., Ltd., marking the official launch of this project. Sinopec will establish seven **storage facilities across the country; this project represents Sinopec’s only crude oil storage base in Xinjiang, with the construction of the facility scheduled to be completed by the end of the year. The project was constructed by Sinopec Tahe Refining & Chemical Co., Ltd., and is operated by the Kuqa Branch of Sinopec Group Petroleum Commercial Reserve Co., Ltd. It has a total storage capacity of 800,000 cubic meters, with 8 crude oil storage tanks of 100,000 cubic meters each built. The project is divided into five bid sections: construction, supervision, surveying, and non-destructive testing. To ensure the high-quality and efficient operation of the project, Sinopec’s Bidding and Tendering Northwest Branch adopted for the first time the new BEPC bidding model, which combines preliminary design, design, procurement, and construction phases. By innovating the management approach and optimizing the bidding process, a set of logical and practical methods for bidding and evaluation was developed, enabling the bidding process to be completed efficiently and successfully.