China to Build 11 New Oil Storage Sites in 2 Years ...Middle East

OILPRICE - Economy
China to Build 11 New Oil Storage Sites in 2 Years
source : OILPRICE ( Middle East ) () 67
China is building new oil storage sites as it stockpiles crude while it is cheap. This year and next will see a total of 11 new storage sites built across the country, Reuters reported today, noting that the combined capacity of the new sites would come in at some 169 million barrels. The amount is equal to two weeks’ worth of crude oil imports, Reuters also said. It compares to new oil storage capacity additions of between 180 and 190 million barrels for the period between 2020 and 2024, according to data from Vortexa and Kpler cited by…

Hence then, the article about china to build 11 new oil storage sites in 2 years was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( China to Build 11 New Oil Storage Sites in 2 Years )

Apple Storegoogle play

Last updated :

Also on site :



Latest News

The AI Arms Race Is Cracking Open the Nuclear Fuel Cycle

before hour & 3 minute

A future classic in the making: The eco-friendly iCAUR V27 makes its Middle East debut

before 3 hours & 4 minute

Gold Breaks Higher Amid Mounting Global Debt Fears

before 5 hours & 12 minute

The 2025 Meet Global MICE Congress has drawn twice as many participants

before 6 hours & 58 minute

Remembering Lou Gerstner

before 7 hours & 59 minute

Nigeria: Telecom Sector Shows Resilience Amid Tariff Hikes, Infrastructure Push

before 8 hours & 22 minute

Nigeria: The Attack On Nigeria's Power Infrastructure

before 8 hours & 46 minute

Muscat stock exchange index falls 0.26 percent

before 9 hours & 42 minute

Billion-Dollar Data Centers Are Taking Over the World

before 12 hour

Best Accounting Software for UK Small Business (January 2026): Sage Recognised as the Leading Solution for Managing Finances by Consumer365

before 12 hour & 44 minute

The Dollar Is Facing an End to Its Dominance

before 12 hour & 58 minute

LG Display showcases wide lineup of world-first, leading OLED monitors

before 22 hour & 11 minute

Why China Is Driving Short-Term Oil Prices But OPEC Still Holds the Lever

before 23 hour & 5 minute

China Passes Amendments to Foreign Trade Law to Boost Trade War Capabilities

before 23 hour & 13 minute

Small Modular Reactors Are the Perfect Fit for Kazakhstan’s Power Grid

2025-12-28