The Group co-invests with Shell (China) Co., Ltd. and Shell China Holdings B.V. to establish the Shell North China Petroleum Group Co., Ltd. With the rapid development of the retail business of Shell North China Petroleum Group, the company launches the Nangang Oil Depot project in Tianjin’s Nangang Industrial Park. The project has a total storage capacity of 201,000 cubic meters, and can transfer 3 million tons of finished products and semi-finished gasoline and diesel annually.
