Replies to post #45994 on International Building Technologies Group, Inc.(fk

[artio87]

this is massive

[brokedaddy]

DD Weihai Port Group Part II



http://p.tgnet.cn/WHFHHY/

You are here: Heavenly Network> Project Info> Shandong Engineering Information> Weihai Engineering Information> Weihai City, Shandong Province, China Fuhai depot project a Project> Project Overview

Weihai City, Shandong Province, China oil depot project Fuhai a project time :2009-6-29
Project Overview Project type: Expansion Project
Phase: Construction project main
Categories: industrial buildings
Building floors: 0 Building Area: - Area: -
Project Valuation: 300 000 000
start date: 2009-7-1
Completion date: 2010-10-1
Project Address: North Road, Qingdao, Weihai, Shandong 2 View Details
Project Description: Weihai City, Shandong Province, China oil depot project Fuhai a project
Project: Weihai City, Shandong Province, China oil depot project a Fuhai.





http://www.ctmcjs.com/guanli/article_show.asp?ArticleID=533

MCC in the construction of 10 to 32 ton oil depot project in Weihai Fuhai Chinese grand start
[Author: The fan motor Department: Mobile Office, Hits: 1361 Update Time :2009-6-2 article entry: admin]



At 9:58 on May 20, the total package built by the company in Weihai Fuhai oil depot project in Weihai, China Xingang Economic Zone held a grand ceremony. Weihai Municipal Committee, vice mayor Liu Zuli, Weihai Economic Development Zone Management Committee Working Committee and executive deputy director Liu, United Nations Industrial Development regulatory authority of international environmental resources director Li Jianjun, deputy chief of staff of the former Navy North Sea Fleet, Rear Admiral ZHAO Yong-qing, vice president of PetroChina East China Design Shiding Ming, Weihai Port Group chairman, party secretary Cong Jianbo, Fuhai China Liquid Chemical Co., Ltd. General Manager Wang Xiaoping and other leaders to attend, the company deputy general manager Zhang Jia attended the ceremony on behalf of the company speech.

Fuhai Hua Hua's from the liquid Fuhai Weihai Weihai Port Group Co., Ltd. and co-construction is the key project in Weihai City in 2009. Weihai Fuhai China Liquid Chemical Co., Ltd. is a petroleum trading, storage and petrochemical companies as a whole, is the only allowed to build large Weihai fuel oil pool large private enterprises.

The project is located within the Newport Weihai Economic Zone, close to deep-water coastline, an area of 14.3 hectares, 100,000 tons-class oil tankers from the port berth more than 300 meters, a plan to build 320,000 tons of fuel oil transfer class library, an annual operating capacity 3.9 million tons. A dedicated rail line into the tank. A project contract amount of 280 million yuan.
Listen
Read phonetically
Dictionary - View detailed dictionary

[Greenervps]

That is the same conclusion I have come to also, that it is a state owned operation. I also think, as I read somewhere while doing DD that there are 6 companys that have been added to the Chinese list of Strategic Reserves companys, 3 = Private 2 = Joint Ventures Chinese Govt. & Private Firms, & 1 = State/Shandong Local Govt. owned Company.

If this project is part of the Chinese strategic oil reserves program, it could very well explain why we have not had any update to this point outside of the 10q in August. The Chinese Goverment is very tight lipped about there oil reserves. Just a possible thought and IMO. GLTA

[Impact625]

this is impressive DD, broke