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China National Petroleum Corporation initiate the first business in Dalian LNG

Fernando Filipe

by Zou

April 21, China Petroleum and Liquefied Natural Gas Co., Ltd. Dalian in observance held in Dalian City, Liaoning Province. The business by the China National Petroleum Co., Ltd., Dalian Port Co., Ltd. and Dalian Construction Investment Company to finance the establishment of widespread, is mostly to blame for the Dalian LNG (LNG) tasks of building and operation. Holders of the tripartite junction project, respectively, 75%, 20% and 5% of the shares.

Dalian LNG terminal project engineering, systems engineering and station project is composed of three parts. Construction works in two phases. A total investment of 6.8 billion project, the annual design capacity to supply 4.2 billion cubic meters, the largest capacity in gas supply five billion cubic meters. The second phase project designed to supply 8.4 billion cubic meters capacity, maximum annual supply capacity of 10 billion cubic meters.

Dalian LNG task obtained from Australia, Qatar and other nations of LNG assets, mostly utilised for town gas and developed fuel. At the identical time, relying on LNG task in Dalian, you can use on natural gas and downstream tasks, the establishment of a entire developed string of connections of LNG.

Dalian, China Petroleum and Liquefied Natural Gas Co., Ltd. is a China National Petroleum in the LNG enterprise to pattern the first junction project in China to pace up the revitalization of the Party Central Committee in answer to oil the vintage developed bases in northeast call for genuine collaboration with the Dalian municipal government form is to pace up the China Petroleum Dalian LNG tasks, the establishment of offshore oil and gas strategic paths, to defend nationwide power security, another foremost move.

China's Dalian LNG task is the first oil begun to trade foreign liquefied natural gas assets, large-scale projects. Completion of the task put into procedure, will not only alleviate the Liaodong Peninsula in northeast China and the entire position of taut provide of natural gas, but furthermore for localized financial and communal development to supply clean, effective, steady power support, in alignment to conceive a agreeable financial and communal natural environment, the revitalization of the Northeast, for example the implementation of the nationwide the vintage developed bases play an significant function in the strategy. At the identical time, to take full benefit of China's oil assets and markets, and enhance the capability of assets to defend and safeguard the country's power security, of large significance. Therefore, the Dalian LNG task to be constructed into the worldwide power and assets to make deeper mutually beneficial collaboration in the strategic task, building has become the premier world-class value works into the advancement of environment-friendly humanity and the advantage of the masses of green technology, technical development into , the agreeable development of the demonstration project.

The Dalian LNG task since April 18, 2008 has begun well in April 2011 is anticipated to formally put into operation.

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