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    China approves new LNG import terminal in Fujian

Summary

The terminal will be built by Hanas Group at the Meizhouwan port in Fujian province.

by: Shardul Sharma

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Complimentary, Natural Gas & LNG News, Asia/Oceania, Liquefied Natural Gas (LNG), Security of Supply, Corporate, Import/Export, Investments, Political, Supply/Demand, News By Country, China

China approves new LNG import terminal in Fujian

National Development and Reform Commission (NDRC), China's highest planning body, has approved a new LNG import terminal in Fujian province, it said on February 16.

The terminal to be built by Hanas Group at the Meizhouwan port in Fujian province will have a receiving capacity of 5.65mn metric tons/year and will cost 5.26bn yuan ($829.8mn), NDRC said in a statement. The terminal will have one berth and two storage tanks each with a capacity of 200,000 m3.

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NDRC said the terminal will further enhance the natural gas supply and storage capacity of Fujian province and its surrounding areas.