GTT, PipeChina pen LNG tank pact

French LNG containment giant GTT has signed a deal with a unit of state-owned PipeChina to cooperate on the latter’s upcoming LNG terminal projects.

According to a statement issued on Thursday, GTT and PipeChina Innovation have signed a cooperation agreement for the evaluation and further promotion of GTT’s GST membrane full containment tank technology for PipeChina’s upcoming LNG projects.

Jianhua Qi, chairman of PipeChina Innovation, and Adnan Ezzarhouni, general Manager of GTT China, signed the deal during a ceremony in Beijing on April 6.

China launched China Oil and Gas Pipeline Network (PipeChina) in December 2019 to acquire pipelines and LNG import terminals from the country’s state-owned energy giants.

The company operates seven LNG receiving terminals, and is building three new LNG plants.

As the largest operator of LNG infrastructure in China, PipeChina aims to further develop new projects by adopting “next generation and greener technology”, the statement said.

On the other hand, GTT is expanding its presence in the onshore LNG tanks market in China with this deal.

Earlier this year, the world’s largest onshore LNG storage tanks incorporating GTT’s GST membrane containment technology were completed at the Tianjin Nangang LNG import terminal owned by China’s Beijing Gas.

Besides these two tanks which are part of the first phase of the facility, the terminal in the Tianjin south port industrial zone will have four tanks in the second and two in the third phase, all featuring the GST membrane containment technology.

“Following the successful deliveries of onshore tanks for Huagang Gas peak shaving project in Hejian, as well as Phase I for Beijing Gas Tianjin Nangang project, we are confident that our collaboration with PipeChina Innovation will enable us to continue providing our state-of-the-art solutions to support PipeChina’s upcoming LNG terminal projects,” Ezzarhouni said in the statement.

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