Sinopec engineering energy storage project
Sinopec engineering energy storage project
Sinopec Qilu captures the carbon dioxide and transports it to the Shengli Oilfield for further displacement and storage, achieving an integrated application of carbon capture, displacement and storage to seal the carbon dioxide underground. To learn more about the project, please visit here.
3 FAQs about [Sinopec engineering energy storage project]
What is Sinopec's LNG project?
China Petrochemical Corporation, or Sinopec Group, the country's largest oil refiner, also announced that construction of its LNG project in Yantai, Shandong province, started earlier this month, which will further ensure gas supplies in the northern and eastern regions of the country.
Who owns Sinopec Group?
Sinopec Group is fully owned by the state. Fitch also regards Sinopec Group's support record and expectations as 'Very Strong', as the company receives large capital injections and subsidies from the state, supporting its healthy financial position.
How does pipechina improve natural gas supply & sales system?
This marks PipeChina's latest effort to improve the country's natural gas supply, storage and sales system. LNG tank dome-raising and installation technology is a key part of LNG storage-tank construction. It is also the most challenging, complex and risky process of building an LNG storage tank.
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