Pipeline Storage&Transportation Company, limited，SINOPEC (abbreviated as PSTC)，a wholly owned subsidiary of SINOPEC Corp., a professional crude oil logistics company，founded in February, 1975, PSTC, headquarter located in Xuzhou City, Jiangsu Province, has 18 oil transportation departments, such as Tianjin oil transportation department, Ningbo oil transportation department, Huangdao oil tank depot, etc.. Besides, it has 13 technical service and logistics departments, such as Pipeline design & research institute, Pipeline science research institute, First-aid repair center, Inspection company, Special operation company, Community management center, etc.. Our main business includes crude oil wholesale; storage, transportation and sale of oil and gas; research, development and application of pipeline transportation technology and information , pipeline inspection, first-aid repair, pipeline and on-ground engineering design, communication informationalization and pipeline transportation technology training. We manages 80 billion RMB asset and have 8000 odd employees. We operate 39 oil transportation pipelines with the total length of 6616 km throughout 14 provinces, autonomous regions and municipalities such as Beijing, Tianjin, Hebei, Shandong, Jiangsu, etc.. We also manage in-service oil storage tanks with the total capacity of 43.37 million cubic meters. We manage 7 crude oil wharf joint venture companies, such as Tianjin port Shihua crude oil wharf, Zhenjiang port Shihua wharf, etc.
After many years' development, PSTC has set up oil downloading center based on oil field and large crude oil wharf, oil transportation center based on crude oil transfer depot, which enable the steadily and accordingly delivery of domestic and imported oil to 21 companies, such as Yanshan Petro-Chemical Industry Corporation and Qilu Petro-Chemical Industry Corporation. Our pipeline storage & transportation network connects the east and the west, the south and the north , covering the main refining and chemical companies in the north, the middle, the east and the south China and Shandong province.