Chinese Utilities Receive First Jointly Purchased LNG Cargo

Chinese utilities Guangdong Energy Group and Shenzhen Energy Group May 22 received their first jointly procured LNG cargo at the state-owned Cnooc’s Dapeng LNG terminal in Guangdong province, Shenzhen Energy said May 24.

The 65,000 metric ton cargo was purchased in March. Shenzhen said that another cargo is expected to arrive in June. Guangdong Energy signed the terminal usage agreement with Cnooc last year.

Last year, Dapeng terminal hit a milestone of unloading and regasifying over 60mn mt of LNG since start of operations in 2006. Dapeng is the first import terminal to be built in China. Its present capacity is 7.7mn mt/yr and the terminal is supplying regasified LNG to cities such as Guangzhou, Shenzhen, Huizhou, Dongguan, Foshan and Hong Kong through the 441 km pipeline.