PetroChina to build LNG import terminal
PetroChina Co, the nation's largest oil company, has started preparing the site of a receiving terminal for liquefied natural gas in northern China's Hebei province, a government official said.
The fuel received will be used to supply nearby cities including Beijing and Tianjin, Zhang Li, the province's secretary general, said in an interview during the National People's Congress in Beijing on Monday.
PetroChina is building gas import terminals as demand for cleaner-burning fuels increases in the world's fastest-growing major economy. China wants natural gas to account for 8 per cent of total energy needs by 2010 from about 3 per cent now, to cut pollution and reliance on crude oil.
'The terminal will be located near the Caofeidian port, a natural deepwater harbour,' Mr Zhang said. 'The timeframe for the construction hasn't been finalised yet.'
PetroChina plans three LNG terminals in Rudong in Jiangsu province, Dalian in Liaoning and Tangshan in Hebei. The company aims to complete construction of the first phase of these projects by 2010, with the Tangshan terminal equipped to handle 4 million tons a year of LNG, the Rudong terminal 3.5 million tons, and Dalian terminal 3 million tons, Su Yun, a marketing executive from PetroChina Natural Gas & Pipeline Co, said last year. The second phase will be completed by 2015, he said.
LNG is natural gas that's been chilled to a liquid form, reducing it to one-six-hundredth of its original volume, for transportation by ship to destinations not connected by pipeline. On arrival, it's turned back into gas for distribution to power plants and other buyers.
The fuel received will be used to supply nearby cities including Beijing and Tianjin, Zhang Li, the province's secretary general, said in an interview during the National People's Congress in Beijing on Monday.
PetroChina is building gas import terminals as demand for cleaner-burning fuels increases in the world's fastest-growing major economy. China wants natural gas to account for 8 per cent of total energy needs by 2010 from about 3 per cent now, to cut pollution and reliance on crude oil.
'The terminal will be located near the Caofeidian port, a natural deepwater harbour,' Mr Zhang said. 'The timeframe for the construction hasn't been finalised yet.'
PetroChina plans three LNG terminals in Rudong in Jiangsu province, Dalian in Liaoning and Tangshan in Hebei. The company aims to complete construction of the first phase of these projects by 2010, with the Tangshan terminal equipped to handle 4 million tons a year of LNG, the Rudong terminal 3.5 million tons, and Dalian terminal 3 million tons, Su Yun, a marketing executive from PetroChina Natural Gas & Pipeline Co, said last year. The second phase will be completed by 2015, he said.
LNG is natural gas that's been chilled to a liquid form, reducing it to one-six-hundredth of its original volume, for transportation by ship to destinations not connected by pipeline. On arrival, it's turned back into gas for distribution to power plants and other buyers.
