ASIA

CNOOC plans LNG terminal for Shanghai

China National Offshore Oil Corp (CNOOC) has announced it is considering building Chinas fourth L...

CNOOC plans LNG terminal for Shanghai

An anonymous insider within the firm, speaking to The China Daily, said, “We are very confident we will become the builder of the Shanghai LNG terminal in a joint venture with the municipal government.”

“The local Shanghai government [is] expected to take a controlling stake of more than 50% in the project, which has been approved by [the] National Development and Reform Commission,” added the source.

China’s first LNG terminal, in Guangdong, is slated for completion next year. Prepatory work is currently being undertaken at the second terminal in Fujian. The third will be built in Zhejiang.

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry