201April 18 China Petrochemical announced the establishment of a professional crude oil storage and transportation company based on the pipeline storage and transportation branch. The company is registered in Xuzhou City, Jiangsu Province, with a registered capital of 654.38+0.2 billion yuan. It is the only professional crude oil storage and transportation company under China Petrochemical Company. Xia served as executive director and general manager of China Petrochemical Pipeline Storage and Transportation Co., Ltd. ..