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Monday, 06 October, 2008, 11:50 GMT | more prices >>

CNOOC terminal ‘awaiting first delivery’



By Upstream staff 

China's second liquefied natural gas import terminal will receive its first shipment of gas before 28 April, local media reported, earlier than previously reported.

Building of the China National Offshore Oil Corporation (CNOOC) terminal in south-eastern province of Fujian, was completed at the end of March, Southeast Express, a local government run paper said.

CNOOC, parent of CNOOC Ltd , has said the first phase of the project, with capacity to receive 2.6 million tonnes of LNG per year, would start operation in early 2009.

A CNOOC spokesman said he was not aware of the latest development of the terminal.

The report did not say where the first tanker of LNG will come from. CNOOC agreed a few years ago to import LNG from Indonesia under a 25-year deal.

Local gas distributors will start piping the gas to customers in five cities in Fujian from June, the paper said.

China is the world's second-largest energy consumer and is keen to boost gas use to reduce heavy dependence on polluting coal. It plans to build more LNG terminals along its east coast.

The country started its first LNG terminal in June 2006 in southern Guangdong province, which takes in mostly Australian gas under another long-term contract.


Tuesday, 01 April, 2008, 06:44 GMT  | last updated: Tuesday, 01 April, 2008, 20:06 GMT

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