Hainan CNPC Shennan LNG pool project approved

abarrelfull wrote on 27 Jun 2012 08:13
Tags: asia china cnpc lng

Latest News

• Want a weekly review of refining news?

• This Week in Refining
• RSS Feed

19 journalists learned from the Hainan Petroleum the Shennan Energy Co., Ltd., to increase the supply of natural gas and emergency support capabilities to change the insufficient gas supply situation in Hainan, the Hainan Development and Reform Commission The Committee has approved and agreed to the construction of Hainan CNPC Shennan LNG (liquefied natural gas) reserves and supporting terminal project. The total investment of about 850 million yuan, a project put into operation in May next year.

It is understood that the Hainan CNPC Shennan LNG (liquefied natural gas) reserves and related terminal projects located in the Old Town Development Zone, Chengmai County, approximately 430 acres of land for the project area, the main building of 200,000 cubic meters of LNG tanks and ancillary facilities (a of the construction of 2 × 2 million cubic meters of LNG tank, two and three construction 1 × 8 million cubic meters of LNG tanks) and construction of berthing 10000-20000 m3 LNG terminal a (hydraulic structures to meet the docked four million cubic meters of LNG ship design capacity).

The project as two LNG receiving terminal in the oil, the major recipient of large domestic LNG receiving terminal - Rudong, Dalian, Liaoning, Hebei Tangshan, Shenzhen, Guangdong (preparation), transfusion resources, this project's LNG reserves located in the Hainan within the vehicle fuel market, LNG resources as a vehicle fuel or marine fuel alternative to gasoline and diesel to ease the oil supply conflicts, to improve the island's automobile emissions pollution, improve the use of vehicle fuel economy.

With the increase in the amount of natural gas, natural gas supply and demand in Hainan have become increasingly prominent. Hainan total gas supply of about 5.2 billion cubic meters in 2010, the "Eleventh Five-Year" period average annual growth of 18%; total demand of about 6.4 billion cubic meters in 2010, during the "Eleventh Five-Year average annual growth of 23% supply lagged behind demand. The next few years, Hainan natural gas supply and demand situation will remain the same.

• Hainan CNPC Shennan LNG pool project approved

---