China’s Shandong Xineng to start up gas storage base in May 2013

04 June 2012 06:29  [Source: ICIS news]

SINGAPORE (ICIS)--Shandong Xineng Natural Gas plans to start up its new natural gas storage base at Jinan in China’s Shandong province in May next year, a company source said on Monday.

Construction of the storage base with a 6.3m-cubic metre capacity started in the third quarter of last year, the source said.

The company is investing a total of yuan (CNY) 120m ($19m) to build the storage base, the source said.

($1= CNY6.37)

By: Dolly Wu
+65 6780 4359

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