CHINA: Sinopec JV opens Asia's largest crude oil terminal

摘要

A Sinopec joint venture has started up Asia's largest crude oil storage terminal in the Chinese port of Ningbo in Zhejiang province. With 17 berths to serve tankers up to 450,000 tonnes in weight, the 450,000-tonne terminal of Ningbo Shihua Crude Oil Terminal Co Ltd in Daxie is designed to handle an annual throughput of 17 million tons.