China CNOOC plans $2.2 bln LNG terminal in east China
BEIJING, (Reuters) - China National Offshore Oil Company, or CNOOC, plans to build a receiving terminal of liquefied natural gas in the eastern province of Jiangsu that is expected to cost 14.4 billion yuan ($2.17 billion), local media reported.
 |
| Map Source: EWA |
The project, located in the city of Yancheng, will include a berth to anchor 100,000 tonne vessels, land-based storage and a pipeline grid and is expected to be completed in December 2020, the official local newspaper Xinhua Daily reported, without saying how it received the information.
The storage tanks will each have a storage capacity of 220,000 cubic metres, or roughly 90,000 tonnes, the paper said, without giving the total planned storage capacity at the site.
CNOOC, parent of CNOOC Ltd, is China’s largest operator of LNG import terminals.
CNOOC did not immediately respond to request for comment.
- Gasum powers Equinor's platform supply vessel with bio-LNG
- ADNOC deploys pioneering AI-enabled process optimization technology
- Mexico Pacific announces long-term LNG SPA with POSCO International
- ONEOK to acquire Medallion and controlling interest in EnLink for $5.9 B
- Golar LNG signs EPC deal for $2.2-B MK II FLNG conversion project
- ONEOK to acquire Medallion and controlling interest in EnLink for $5.9 B
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Oman plans third LNG train, boosting domestic production to more than 15 MMtpy
- Brazil's fossil push undermines Lula's green ambitions
Comments