Hainan Phase II Crude Oil Commercial Reserve Project
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In November 2023, Sinopec Petroleum Commercial Reserve Co., Ltd. won the bid for plot 2023-11 to build the Hainan Phase II crude oil commercial reserve project. The total investment in the project is 3.6 billion yuan (with about 3.4 billion yuan in capital investment), and it will employ around 100 people. The project involves the construction of 32 oil tanks with a capacity of 100,000 cubic meters, as well as supporting facilities such as fire stations, utility systems, and auxiliary structures. The commissioning of the Hainan Phase II crude oil commercial reserve project will further contribute to the development of Danzhou as an **energy hub, enhance its strategic oil storage capabilities, and provide a solid guarantee for the security of **energy supply.
Great article! ! Introduction to the Torch Tower and a detailed explanation of its functions: https://bbs.hcbbs.com/forum.php?mod=viewthread&tid=5675970 (Source: Haichuan Chemical Industry Forum [Haichuan Network])