China starts Huizhou LNG terminal construction
Asian LNG importer continues to expand its import infrastructure for the fuel
Chinese authorities have broken ground on another LNG receiving terminal, this time at Huizhou in the southern province of Guangdong, as the country’s gas imports continue to rise. The Huizhou terminal’s first RMB6.6bn ($1bn) phase will comprise 4mn t/yr of receiving capacity and up to 6.1mn t/yr of processing capacity, as well as three 200,000m3 storage tanks. The tanks are scheduled for completion by July 2022, and the first phase is to be operational by the end of 2023. The scheme’s second phase will add a further three storage tanks of 260,000m3 each and increase the facility’s maximum processing capacity to 10mn t/yr. Chinese authorities cite the development as “an important measure” fo
Also in this section
25 April 2024
Some companies with assets in Israel have turned towards Egypt as tensions escalate, but others are holding firm despite rising tensions
24 April 2024
But even planned exploration activity is unlikely to reverse declining output from mature fields
23 April 2024
Cheaper Russian barrels and lower overall crude prices have helped cut key oil consumer’s import bills in election year
22 April 2024
Pursuing three different goals as part of the same package may mean achieving none of them