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BP China's Nansha Oil Reservoir Operates.

Asia Africa Intelligence Wire

| May 18, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From SinoCast China Business Daily News)

GUANGZHOU, May 19, SinoCast -- British Petroleum (BP), a giant in the world's petroleum industry, announced Nansha Oil Reservoir, a project invested by BP China and Guangzhou Development Industrial Holding Group Co., Ltd., started operation.

Nansha Oil Reservior is located southeast of the Panyu District of Guangzhou City and involved a total investment of USD 86 million. The reservoir reaches a capacity of 360,000 cubic meters of refined oil. In the meantime, the reservoir …

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