国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Industries

First privately run LNG port opens

By Zheng Xin | China Daily | Updated: 2018-08-11 09:55
Share
Share - WeChat

China's first major privately owned liquefied natural gas import terminal entered operation on Tuesday in eastern Zhejiang province, setting the scene for more such facilities in the future.

Operated by ENN Group, an independent Chinese gas distribution company, the newly opened Zhoushan terminal received its maiden cargo this week, with the arrival of LNG tanker Stena Blue Sky.

Terminals, the core infrastructure of the LNG import trade, have attracted many private companies in recent years amid China's rising demand for the cleaner fuel, said Li Li, energy research director at ICIS China.

Li said more private companies will be gearing up to meet that growth, as China has been stepping up construction of its LNG infrastructure facilities in recent years.

"Chances are high that there will be more privately owned and operated LNG import terminals, in addition to the current LNG importing receiving terminals, all of which are State-owned, in addition to the Zhoushan terminal," she said.

"There were a lot of procedures involved in getting access to governmental examination and approval before. However, as oil and gas infrastructure and pipelines are undergoing reform, the sector will be more open than ever to the private sector."

Zhoushan port, with a current capacity of 3 million metric tons per year, is expected to achieve annual receiving capacity of 10 million tons after the third phase is completed. Total investment will exceed 10 billion yuan ($1.46 billion).

It is the third LNG terminal to enter operation in China this year. China Petroleum and Chemical Corp's Tianjin LNG terminal entered operation in February, and China National Offshore Oil Corp's Shenzhen, Guangdong province LNG terminal opened in early August.

Both Sinopec and CNOOC are among the largest Stateowned energy companies, along with China National Petroleum Corp.

Analysts said the Zhoushan terminal will allow ENN to source its own gas supplies, rather than purchasing fuel under long-term contracts from the three State-owned energy giants.

All three have been building LNG facilities at an accelerated pace in recent years. Sinopec has vowed to more than double its receiving capacity for LNG imports over the next six years. CNOOC, which built the nation's first LNG terminal in 2006, just saw its ninth LNG terminal enter operation.

Wang Lu, an Asia-Pacific oil and gas analyst at Bloomberg Intelligence, said insufficient domestic production and limited pipeline imports are contributing to the continuous growth in LNG imports.

Imports are likely to see average annual growth of 17 percent between 2017 to 2020, she said, estimating China's dependence on LNG imports to satisfy domestic gas demand will rise to 30 percent in the early 2020s.

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
册亨县| 徐闻县| 合川市| 乐都县| 宜兰市| 安塞县| 合阳县| 水城县| 东安县| 新泰市| 柳河县| 房产| 新龙县| 娄底市| 新巴尔虎右旗| 许昌市| 海城市| 错那县| 瑞昌市| 宁武县| 三台县| 新干县| 阳城县| 綦江县| 宝清县| 奎屯市| 蒙阴县| 东乡族自治县| 清远市| 稷山县| 合川市| 邯郸县| 汝南县| 昂仁县| 灵武市| 阜新市| 祁阳县| 台湾省| 曲阜市| 改则县| 七台河市|