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You site : News - China Oil, Gas & Petrochemicals - Construction started on first underground gas storage reservoir in Chongqing

¡º Construction started on first underground gas storage reservoir in Chongqing ¡» [2010-3-10]

PetroChina Southwest Oil and Gas Field Company has started construction on its underground gas storage reservoir, said Li Fuqiang, Senior Engineer of PetroChina Southwest Oil and Gas Field Company.

More information about China Natural gas / LNG market, please try to use ¡ºsz China Natural gas Weekly¡»

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With the advent of the era of natural gas consumption, it has been the common expectation of the government, enterprises and people to build large-scale gas storage reservoirs and improve the peak regulation capacity of natural gas. The maximum peak-valley difference of the natural gas market supplied by Southwest Oil and Gas Field Company is about 1/4 of the daily production, with great difficulty in peak regulation and heavy responsibilities in guaranteeing the people's livelihood. Therefore, it is the inevitable choice to build a gas storage reservoir. According to the unified arrangement of PetroChina, Southwest Oil and Gas Field Company has initiated construction on its underground gas storage reservoir. Project leaders hope the project can be well completed on time. Some experts believe Xiangguosi gas field located in Yubei District of Chongqing Municipality is a rare ¡°candidate¡± for underground gas reservoirs.(Edited by EnergyChinaFroum.com. For more information, please email to: info@energychinaforum.com)

(China Energy Net,Mar 10,2010)

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