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    China Daily: Landmark LNG Shipment Set to Sail into Tianjin

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Summary

A liquefied natural gas ship named Methane Rita Andrea carrying 60,000 metric tons of the clean fuel from Queensland, Australia will arrive at China's receiving terminal in Tianjin in around nine days.

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Asia/Oceania

China Daily: Landmark LNG Shipment Set to Sail into Tianjin

A liquefied natural gas ship named Methane Rita Andrea carrying 60,000 metric tons of the clean fuel from Queensland, Australia will arrive at China's receiving terminal in Tianjin in around nine days-a shipment that is expected to help further improve the country's energy consumption structure.

The LNG is coming from the Curtis LNG project, China's first foreign LNG operation, which isowned by the country's largest LNG importer CNOOC Ltd.

The country's biggest offshore oil and gas company signed an agreement worth $1.93 billionlast year to buy LNG from British gas producer BG Group, increasing its stake in BG'sQueensland Curtis LNG project from 10 percent to 50 percent at the same time.

"The success of this first cargo shipment to China from the project in Australia will have a significant impact on the global natural gas industry," said Wang Yilin, chairman of CNOOC. MORE