SOURCE: Industrial Info Resources

November 19, 2007 05:01 ET

China Oil Firms Expand Crude Oil Storage Infrastructure, an Industrial Info News Alert

BEIJING--(Marketwire - November 19, 2007) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Facing soaring oil prices, crude oil storage tanks have become an urgent need for China's oil giants. Reports from May showed that China Petrochemical Corporation (PetroChina) (Beijing) is building more than 100 large-scale oil tanks, each containing more than 30,000 tons.

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