Development and Prospects of Large-Scale Underground Oil (Gas) Storage Technology in China

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Abstract As a major source of energy in the world today, the state of oil reserves has become an important indicator of a country’s strength. Many countries, including China, are actively increasing energy reserves to cope with increasingly severe geopolitical risks and international market risks. This article provides an introduction to the international energy landscape, highlighting the progress made in energy reserves both domestically and globally. It places particular emphasis on China’s underground oil (gas) storage technology, discussing its current status and future prospects. Furthermore, the article anticipates the advancements expected in oil storage, gas storage, hydrogen storage, and other related technologies.

Published: 25 December 2024

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http://www.coag.com.cn/EN/ OR http://www.coag.com.cn/EN/Y2023/V30/I6/9

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