China Petroleum and Chemical Corp, or Sinopec, is constructing natural gas storage facilities with a total capacity of 55.6 billion cubic metres (Bcm).
The plans include 16 facilities built at the site of non-operating oil and gas fields in the Henan province, such as the Zhongyuan oilfield.
“The Zhongyuan oilfield has entered its final stage after more than 40 years of exploration and development, but some underground reservoirs have formed an enclosed space that is suitable for gas storage,” said Li Cungui, Director of Oil and Gas Development management department at Zhongyuan Oilfield Branch.
For more information, visit: www.sinopecgroup.com
8th August 2018