CNPC to build LNG receiving station in Shenzhen

Feb 11, 2009 01:00 AM

Beijing-located energy titan China National Petroleum Corporation (CNPC) lately started building a LNG (liquefied natural gas) receiving station in the Dachan Bay Terminal, Shenzhen City, south China.
Co-founded by CNPC, CLP Holdings and Shenzhen Gas Corporation, the station will receive the LNG transported through the West-East Natural Gas Transmission Pipeline and then serve the LNG consumers in Guangdong Province and Hong Kong.

Upon the framework agreement, CNPC, CLP Holdings, and Shenzhen Gas Corporation separately hold 51 %, 24.5 %, and 24.5 % of the new LNG receiving station. In particular, Shenzhen will become China's first city owning two LNG receiving stations.
Recently, the east section of the second pipeline of the West-to-East Natural Gas Transmission Project lately broke ground in the southern Chinese town of Guanlan, Shenzhen, with a total investment of about CNY 93 bn. The east section, which is 2,472 km long, starts from the south-western Chinese province of Gansu to Guangzhou and Hong Kong.