China may build the first strategic oil reserve, which is the largest in China at present, of the west in Lanzhou to store crude from Kazakhstan, the crude is transported by the pipeline engineering of west crude and oil products, which belongs to China National Petroleum Corp, also revealed by the Corp.
Crude from Kazakhstan will be injected into the strategic oil reserve in Gansu, the well-informed person from CNPC. A oil storage, which can contain 10 million ton, will be built in Gansu to store the crude and oil products.
Resort to the building of strategic oil reserve, the planning for Gansu to build the production base of important petrochemical industry may realize likely, and the petrochemical industry in Gansu, represented by Lanzhou petrochemical Ltd.
China National Petroleum Corp has completed a 1,859-kilometre (1,153-miles) pipeline from Urumqi in Xinjiang to Lanzhou.
An oil pipeline between the Atasu fields in central Kazakhstan and Alashanku in western China started operating in mid-2006, with a designed annual delivery capacity of 10 million tons in initial stages, and up to 20 million tons by 2010.