East China LNG Terminal Records 93% Sales Increase

Monday, June 4, 2018

A liquefied natural gas (LNG) import terminal in east China operated by China National Offshore Oil Company, or CNOOC, recorded an increase of 93 percent in gas sales in the first five months of this year, the state oil company said on Monday,

CNOOC's LNG sales from the Ningbo terminal in Zhejiang province hit 2 million tonnes by the end of May, nearly doubling the amount from a year ago, according to a statement posted on CNOOC's website.

The gas sales are expected to head higher in the coming few months as demand for the fuel rises with hotter summer temperatures.

The report did not give a breakdown for sales via pipeline and LNG trailers, the latter has boomed since last winter to meet fast demand growth spurred by Chinese government's gasification drive.


(Reporting by Chen Aizhu; Editing by Christian Schmollinger)

Categories: Tankers Ports Energy LNG Logistics

Related Stories

Shell-Reliance-ONGC JV Complete India’s First Offshore Decom Project

Sapura Energy Nets $22.6M in Offshore Support Vessel Contracts

Keel Laying for Wind Flyer Trimaran Crew Boat

MODEC Gets Shell’s Gato do Mato FPSO Ops and Maintenance Job

CNOOC Discovers ‘Vast Exploration Prospects’ in China’s Beibu Gulf Basin

Marine Masters Secures Wellhead Platforms Installation Job Off India

Sapura Energy Nets $720M from Multiple Drilling Services Contracts

McDermott Concludes Work at PTTEP’s Kikeh Gas Field Off Malaysia

VIDEO: AIRCAT Crewliner takes Shape to Service Offshore for TotalEnergies Angola

AIRCAT 35 Crewliner Vessels Delivered to Service TotalEnergies Angola

Current News

Turkey Discovers New Black Sea Gas Reserve

Indonesia's Medco Starts Production at Natuna Sea Fields

Indonesia Grants Approval to Kuwaiti Firm for Anambas Block in Natuna Sea

ADNOC’s XRG Partners Up with Petronas for Offshore Gas Block in Caspian Sea

Valeura Energy Greenlights Wassana Oil Field Redevelopment off Thailand

Scarborough FPU's Topsides and Hull Come Together in Major Engineering Feat (Video)

Shell-Reliance-ONGC JV Complete India’s First Offshore Decom Project

The Future of Long-Idle Drillships: Cold-Stacked or Dead-Stacked?

TMC Books Compressors Orders for FPSO and LNG Vessels

MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com