GCL and Shell explore development of JV

Published by David Rowlands, Editor
LNG Industry, Wednesday, 15 April 2020 10:00

According to Reuters, GCL Oil & Natural Gas Co. Ltd and Shell have signed a framework agreement to explore the development of a joint venture (JV) based in eastern China to market and trade LNG.

Reportedly, the proposed JV would secure LNG supplies from Shell, and then market this LNG to a receiving terminal planned by GCL in Jiangsu province.

According to Reuters, GCL is currently planning three receiving terminals along the east coast of China: Yantai in Shandong province; Rudong in Jiangsu; and Maoming in Guangdong. In total, these three terminals will have an annual handling capacity of 14.5 million t.

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/15042020/gcl-and-shell-explore-development-of-jv/

Synergy Marine Group assumes technical management of Yang Ming’s LNG dual-fuel newbuilds

Thursday 12 February 2026 15:00

Synergy Marine Group has taken over the technical management of two 15 500 TEU Class LNG dual-fuel container vessels newly delivered to Yang Ming Marine Transport Corp.

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UPDATE 1-China's GCL, Shell sign preliminary deal on LNG trading joint venture

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