The development of china s oil storage technology

How Chinese oil & gas storage & transportation industry has developed?

Chinese oil & gas storage and transportation has developed fast since 2000 and has already formed a basic pipeline network and storage system which has provided many benefits. In recent years, the new technologies and research results of Chinese oil & gas storage and transportation industry has multiplied.

What is the history of the Chinese oil and gas industry?

The history of the Chinese oil and gas storage and transportation industry can be dated back to 200 years BC, when were Qin and Han dynasties. With the development of the modern oil industry from the mid-19th century, the transportation has developed in a variety of ways, such as road, railway, waterway and pipelines.

How important is oil storage in China?

Large-scale underground oil storage has a great effect on national energy safety. China's oil dependency has exceeded 70% for four consecutive years, so it is necessary for China to build strategic oil storage. The salt cavern is a good medium to store oil, and it is widely used in foreign countries.

Should China build strategic oil storage?

The economic evaluation model is built to select the cheapest oil storage methods. Large-scale underground oil storage has a great effect on national energy safety. China's oil dependency has exceeded 70% for four consecutive years, so it is necessary for China to build strategic oil storage.

Why is energy storage industry in China a big problem?

Judging from the present condition, cost problem is the main barrier. And the high performance and high security of the relative technology still need to be improved. Until 2020, energy storage industry in China may not be spread massively and the key point during this period is the technology research .

Does China's energy storage industry have a comprehensive study?

However, because of the late start of China's energy storage industry, the comprehensive study for the whole industry is very few. We found a review which provided a relatively comprehensive analysis of the technical and economic issue of it. Compared with other studies, its research has a good comprehensiveness.