The national petroleum storage project is a strategic project to prevent oil supply risks and ensure national energy security. China began to build oil storage bases in 2004 and since then, the first and second phases of the project have been implemented, eight bases already built. Commissioned by the NDRC, CIECC undertook the evaluation, feasibility study, and preliminary design review of the entire project, playing an important role in optimizing the project plan and saving construction investment. At the same time, the company has done a lot of pioneering work for the formulation of industry standards and norms.

Authorized by the NEA in May 2010, CIECC studied and drafted the provisions on the formulation of preliminary design and investment budget for underground oil storage in rock caverns projects. After more than two years of in-depth research, the company completed the compilation of three standards/specifications including the Engineering Standards for Underground Oil Storage in Rock Caverns Project of National Oil Strategic Reserve, which were officially issued by the NEA in October 2012, filling China’s gaps in this regard.