The invention belongs to the field of compressor accessories, and discloses a liquid storage tank applied to a compressor. The liquid storage tank comprises a shell provided with an air inlet pipe andan air outlet pipe, and the air outlet pipe comprises an extending-in section which extends into the shell. The liquid storage tank further comprises a separator for separating out a liquid refrigerant, and a sleeve, wherein the separator is arranged between the air inlet pipe and the extending-in section, the sleeve sleeves the extending-in section, the end, away from the separator, of the sleeve is sealed, and the end, close to the separator, of the sleeve is used for receiving the liquid refrigerant which is obtained after separation by the separator. A first liquid storage space is formedbetween the sleeve and the extending-in section, and an oil return hole is formed in the pipe wall of the extending-in section and communicates with the first liquid storage space. According to the liquid storage tank applied to the compressor, flowing power of a liquid refrigerant and lubricating oil mixture can be guaranteed under the high-temperature condition with few refrigerants and the low-temperature condition with many refrigerants, the oil return amount is stable, and the requirement of a wide-environment-temperature operation heat pump system is met.