CLP begins paper chase for maiden Hong Kong terminal

However, the Hong Kong administration is unlikely to approve the study this year, a local industry source said.

CLP will need to speed up its approval procedure to compete with LNG targeted for sale in Hong Kong by China Petroleum&Chemical Corporation (Sinopec) from its terminal in Zhuhai City (see LNG page 7).

Sinopec recently won a contract to supply LNG to Macao via a terminal it will build in Zhuhai.