Gas Processing & LNG is Produced by Gulf Publishing Holdings LLC



ENN receives LNG cargo at China's first major private import terminal

SINGAPORE, (Reuters) - Chinese gas distributor ENN has received its maiden cargo for the country's first major privately-owned liquefied natural gas (LNG) import terminal, Thomson Reuters Eikon shiptracking data showed.

The LNG tanker 'Stena Blue Sky' arrived at Zhoushan port on Tuesday after loading the cargo at Qatar's Ras Laffan LNG terminal on July 22, the data showed.

ENN could not immediately be reached for comment on the matter.

The company's Zhoushan terminal in China's eastern Zhejiang region, with a capacity of 3 million tonnes per year, was expected to start operations in July.

ENN has signed long-term deals including sales and purchase agreements with Chevron Corp and Australia's Origin Energy and also has an agreement to buy LNG from Total . The deals total about 1.5 million tonnes per year of LNG.

China overtook South Korea as the world's second-largest LNG importer in 2017 with imports of 38 million tonnes, 46 percent higher than the year before. The imports soared after the government ordered millions of homes to switch to natural gas and electric heating from coal to counter rising air pollution.

To meet the higher demand and to reduce their dependence on supply from state-owned companies, Chinese companies are building their own LNG terminals to import the fuel directly. (Reporting by Jessica Jaganathan; Editing by Sunil Nair)


Copyright © 2018. All market data is provided by Barchart Solutions. Futures: at least a 10 minute delay. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

                                  CMEGroup                                     Icelogo

FEATURED COLUMNS

Business Trends: Opportunities and risks in the global LNG market
-Michael Hinton
Natural gas use has strongly increased around the globe, supported by higher demand and growing availability of gas.
EWAnalysis: Impact of technology on gas processing plants
-Bob Andrew
The gas processing industry has modernized and embraced technology throughout boom and bust cycles.
Executive Interview: BHGE enhances LNG, process plant services with digital portfolio
-Maria Sferruzza
Maria Sferruzza is President, LNG and Global Services for BHGE’s Turbomachinery and Process Solutions (TPS) business, based in Florence, Italy.
Industry Trends: Five trends shaping the North American gas market to 2030
-Yasmine Zhu
The shale revolution has changed the game for the North American natural gas market over the past decade.


GasPro 2.0: A Webcast Symposium

Register Now

The global LNG industry is becoming increasingly interconnected as grassroots export projects get off the ground. Another technology route for processing gas into fuels—GTL—is attracting renewed attention due to improving economics. Small-scale solutions for both LNG and GTL are at the forefront of new technological developments, while major projects using more conventional technologies continue to start up around the world.

During this webcast, we will focus on LNG, GTL, gas processing technology developments and deployments, operations, small-scale solutions, transportation, trading, distribution, safety, regulatory affairs, business analysis and more.

October 25, 2018 08:30 AM CDT

Register Now

 

Please read our Term and Conditions, Cookies Policy, and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2018 Gulf Publishing Holdings LLC.