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Zhanjiang: LPG Storage Project to Start Soon
Latest Updated by 2003-10-29 17:48:42

Layout Picture of the LPG Cold Storage Project

The 2.8-billion-yuan LPG (Liquefied Petroleum Gas) Cold Storage project of the Donghai Island will start construction during the Zhanjiang Expo of Industries next month (November 2003).

The project is co-invested by Guangzhou Pengzun Investing Company Ltd. and Zhanjiang Gas Group, with an investment of 2.8 billion yuan.

The project includes a storehouse area of 120,000 cubic meters and a necessary wharf with a capacity of 50,000 tons.

When it is finished, the sales volume of the project is estimated to reach 1.1 billion yuan, adding 11,500 million yuan to the local tax revenue.

Editor: Catherine

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