China Starts Up Crude Oil Pipeline Linked to Mega Private Refiner
01.02.2023 By TankTerminals.com - NEWS

January 1, 2022 [Reuters] – A major crude oil pipeline connecting a storage farm in east China’s Zhoushan of Zhejiang province to mega private refiner Zhejiang Petrochemical Corp (ZPC) started pumping oil for the first time on Wednesday, local state media reported.

 

The 46.5-kilometer (28.89 miles) pipeline is designed to carry 20 million tonnes a year of crude oil and is expandable to 30 million tonnes, as reported by Zhejiang Daily.

The pipeline cost 1.6 billion yuan ($229.44 million) to build, with investment from Zhejiang Petroleum Co Ltd, a unit under state-run Zhejiang Energy Group, and two other local firms.

The pipeline has a diameter of 0.8 meter, spanning 800 meters over land and 45.7 kilometers under the sea. It starts at the Huangzeshan crude oil storage base and ends at the ZPC refinery, which is China’s single-largest refiner with daily processing capacity of 800,000 barrels.

The Huangzeshan storage base started operating in October with crude oil and refined fuel tanks, with total capacity of 1.51 million cubic meters, or about 9.5 million barrels, Zhoushan government has said.

Pro Trial: Access 11,340 Tank Terminal and Production Facilities

11,340 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Asian oil demand returns as global balances tighten
07.14.2026 - NEWS
July 14, 2026 [StoneX]- Asian oil demand is rebounding after a sharp drop during the Middle East ... Read More
Oil giants to gain ‘billions’ from Iran war
07.14.2026 - NEWS
July 14, 2026 [New York Post]- Oil giants like Exxon, Chevron, and Shell are set to gain billions... Read More
IEA warns return to war will upend oil market recovery
07.14.2026 - NEWS
July 14, 2026 [Argus Media]- The IEA warned that any return to conflict between the US and Iran c... Read More
Venture Global's liquefaction fees jump 69% on higher LNG prices
07.14.2026 - NEWS
July 14, 2026 [Reuters]- Venture Global’s average liquefaction fee surged 69% in the second qua... Read More