AsiaContracts and Tenders

GTT inks deal with Beijing Gas to build up to six Chinese LNG tanks

By LNG Prime Staff
GTT inks deal with Beijing Gas to build up to six Chinese LNG tanks
During the signing ceremony (Image: GTT)

GTT said it has signed a cooperation deal with China’s Beijing Gas Group under which the French firm could build up to six new LNG tanks at the Tianjin Nangang terminal.

GTT and China Huanqiu Contracting & Engineering (HQC) are already constructing two 220,000 cbm storage tanks for Beijing Gas’ 5 mtpa LNG terminal in the Tianjin south port industrial zone.

The new cooperation deal mainly covers the second and third expansion phase of the terminal. These include the construction of six 220,000 cbm LNG storage tanks, the French firm said on Wednesday.

As part of the new deal, GTT would also support support Beijing Gas, a unit of Beijing Enterprises Group, to “upgrade the national standards of this new generation LNG onshore tank,” it said.

Adnan Ezzarhouni, general manager of GTT China, signed the cooperation deal during a ceremony held at the French Embassy in Beijing in the presence of Tian Zhenqing, chairman of Beijing Enterprises Group, and Li Yalan, chairwoman of the board of BGG.

GTT claims that the two membrane containment tanks currently under construction at Tianjin port are the largest in China. They feature GST technology developed by the French company.

The construction of the terminal includes four LNG storage tanks in the first phase, four additional tanks in the second, and two in the third, according to GTT.

In addition, Beijing Gas plans to launch the first phase of the Tianjin Nangang project in the fourth quarter of 2022.

Most Popular

Contracts and Tenders

Venture Global seals new deals to support expansion of its power network

US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.
LNG Terminals

Venture Global gets approval to place first Plaquemines LNG phase in service

Venture Global’s Plaquemines LNG has secured approval from the US FERC to place Phase 1 of its LNG export plant in Louisiana into service.
Vessels

Hanwha Ocean, Posco plan to build LNG carrier with high-manganese steel tanks

South Korean shipbuilder Hanwha Ocean and steel producer Posco plan to build a liquefied natural gas (LNG) carrier equipped with high-manganese steel cargo tanks.

More News Like This

Research and Development

Shell, GTT, and LR to develop new LNG carrier

UK-based LNG giant Shell, French LNG containment specialist GTT, and classification society Lloyd’s Register have launched a joint development project to develop a conceptual 200,000-cbm LNG carrier combining hybrid-electric propulsion with GTT’s Next1 LNG cargo containment technology.
Vessels

LR: 200,000 cbm LNG carriers could deliver $85.5 million benefit to owners

Classification society Lloyd’s Register (LR) has identified 200,000 cbm LNG carriers as a "credible next step" for global LNG fleet renewal, with a potential owner benefit of approximately $85.5 million over 30 years.
Vessels

China’s Hudong-Zhonghua develops new LNG carrier design

Chinese shipbuilder Hudong-Zhonghua has received approvals from five classification societies for a new LNG carrier design that features GTT's Next1 containment tech.
Vessels

GTT expects 550 LNG carrier orders by 2035

French LNG containment giant GTT expects approximately 550 orders for large LNG carriers over the next ten years, according to chief executive Francois Michel.