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: LNG Energy Tankers Logistics Ports

Related Stories

MODEC Ramps Up Hammerhead FPSO Work After ExxonMobil's Go-Ahead

Floating Offshore Wind Test Center Planned for Japan

Seatrium Signs FLNG Vessel Upgrade Deal for Golar LNG

SPE Offshore Europe 2025 set to drive transformational change for the energy sector

China Starts Production at Major Oil Field in Bohai Sea

Santos and QatarEnergy Agree Mid-Term LNG Supply

Woodside and Jera Agree LNG Cargoes Supply for Japan’s Winter Period

Woodside Agrees Long-Term LNG Supply with Petronas Unit

CDWE Wraps Up Pin Pile Installation Job for Taiwanese Offshore Wind Farm

OMV Exits Ghasha Gas Project off UAE with Lukoil Stake Sale

Current News

MODEC Ramps Up Hammerhead FPSO Work After ExxonMobil's Go-Ahead

Aesen, DOC JV Targets Subsea Cable Logistics

Timor Gap Boosts Stake in Finder Energy’s Timor-Leste Oil Fields

SBM Offshore Starts Construction of FSO for Trion Oil Field off Mexico

Russia Targets 2028 for Sakhalin-3 Gas Project Start Up

Seatrium Secures ABS Backing for Deepwater FPSO Design

MDL Secures Cable Laying Job in Asia Pacific

Hibiscus Petroleum Starts Drilling at Teal West Field off UK

Yinson Production Nets DNV Approval for New FPSO Hull Design

Hanwha Ocean's Tidal Action Drillship Starts Maiden Job with Petrobras

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