Reuters is reporting that China’s Shenzhen Gas is due to launch its first LNG import terminal in southern China.
The terminal will be fully-owned by the company and will make Shenzhen Gas the second city gas distributor in China, backed by a local government, to own an LNG terminal.
The majority of China’s import terminals are owned by state-run oil and gas companies; e.g. China National Offshore Oil Corp (CNOOC) and PetroChina.
China is second only to Japan in global LNG-imports.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/19082019/shenzhen-gas-to-launch-lng-terminal/