China’s Shenzhen to become international LNG bunkering hub

China will build its first LNG bunkering center for international vessels in the city of Shenzhen as part of a deal signed on Wednesday.

The project is a joint effort by Yantian Port Group, state-owned energy giant PetroChina, and city gas supplier Shenzhen Gas.

According to a statement by Yantian Port, the trio signed a cooperation framework deal with the Yantian district government to build the center.

The project will be built in stages. It will use 8000-10000 cubic meter LNG bunkering vessels to supply chilled fuel to customers including large container ships.

The first phase of the bunkering hub will have a yearly capacity of 230,000 tonnes per year.

The aim is to expand it to two million tonnes per annum, the statement said.

One of the main goals of the project is to attract more international LNG-fuelled vessels to berth at Chinese ports.

Furthermore, the project will promote green shipping in the country as part of efforts to cut greenhouse gas emissions.

Most Popular

Baker Hughes to buy Chart in $13.6 billion deal

US energy services firm Baker Hughes has entered into a definitive deal to buy compatriot LNG equipment maker Chart Industries. The transaction is worth $13.6 billion.

Venture Global takes FID on CP2 LNG

US LNG exporter Venture Global LNG has taken a final investment decision (FID) on the first phase of its CP2 LNG project in Louisiana. The company also closed the $15.1 billion project financing, claiming that it represents the largest standalone project financing ever, and the second-largest project financing after the combined financings of Venture Global’s Plaquemines LNG.

Adnoc L&S sells two steam LNG carriers for scrap

UAE’s Adnoc L&S, a unit of state-owned energy giant Adnoc, has sold two steam liquefied natural gas (LNG) carriers for scrap, according to brokers.

More News Like This

South Korea gets first LNG Canada cargo

The 174,000-cbm GasLog Glasgow, which is carrying the first liquefied natural gas cargo produced at the Shell-led LNG Canada facility in Kitimat, has arrived in Tongyeong, South Korea, according to shipping data.

LNG Canada to send third cargo

Shell-led LNG Canada is expected to soon ship the third cargo of liquefied natural gas from the Kitimat facility, according to shipping data.

LNG Canada sends second cargo

Shell-led LNG Canada has shipped the second cargo of liquefied natural gas from its Kitimat facility on the west coast of Canada. LNG Canada shareholder Petronas will deliver this shipment to Japan.

Shell’s LNG Canada to ship second cargo

Shell-led LNG Canada is expected to soon ship the second cargo of liquefied natural gas from the Kitimat facility on the west coast of Canada, according to shipping data.