Chinese state-owned oil company Sinopec said on August 6 that it is constructing over a dozen natural gas storage facilities in northern China's Henan Province, aiming to ease gas supply shortage in winter.
The company said on its website the gas storage cluster will include 16 facilities built at the site of non-operating oil and gas fields in the province, such as the Zhongyuan oilfield. The total new capacity is planned at 55.6 billion cubic meters.
''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.
The firm didn't disclose details regarding the investment or a timeline for the project.
The additional gas storage capacity in northern China is also expected to help alleviate supply issues in central and eastern China.
Sources:xinhua
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