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2007-4-2 10:48:00 a.m. HKT, XFNA
Hong Kong-listed Hans Energy Co to build oil terminals in Taishan city
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HONG KONG (XFN-ASIA) - Hans Energy Co Ltd said it has entered into a
framework agreement with the Taishan city government for the construction of
crude oil terminals and oil tank storage facilities in the city.
Company chairman David An said Hans Energy expects to build seven crude
oil terminals in the area, with docking capacity of 30 - 300 kilotons and
storage facilities with an onshore oil tank storage capacity of about 8.0 mln
cubic meters, as well as other related facilities.
He did not specify the amount of investment planned for the proposed
project.
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