North Petroleum and Petrochemical Logistics Project settled in Nangang, Tianjin

According to reports, Tianjin Development Zone (Nangang Industrial Zone) and Tianjin Northern Petroleum Co., Ltd. signed the "Investment Cooperation Agreement" for the petrochemical logistics base project.
According to reports, Tianjin North Petroleum Co., Ltd. plans to invest about 1.2 billion yuan in Tianjin Nangang Industrial Zone, with an area of ​​about 280,000 square meters, and build a petrochemical logistics base project with a total storage capacity of 650,000 cubic meters. After the project is completed, it will have crude oil, refined oil, The warehousing, loading and unloading, and transit transportation functions of petrochemical products, such as liquid chemicals, will have an annual turnover capacity of 7.2 million tons. The project is scheduled to start within the year.
According to reports, Tianjin Northern Petroleum Co., Ltd. was incorporated in Tianjin Development Zone in 2003 with a registered capital of 586.6 million yuan. The main business is the storage of petrochemical products such as crude oil, gasoline, kerosene, diesel oil, fuel oil, and liquid chemical products. The business covers the storage of petrochemical products, wholesale and retail of refined oil products, and the non-state trading of fuel oil approved by the Ministry of Commerce. Right and refined oil wholesale management rights.

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