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Sunday, May 17, 2009

China National Petroleum Corporation initiate the first business in Dalian LNG

By Zou

April 21, China Petroleum and Liquefied Natural Gas Co., Ltd. Dalian in observance held in Dalian City, Liaoning Province. The business by the China National Petroleum Co., Ltd., Dalian Port Co., Ltd. and Dalian Construction Investment Company to finance the establishment of widespread, is mostly to blame for the Dalian LNG (LNG) tasks of building and operation. Holders of the tripartite junction project, respectively, 75%, 20% and 5% of the shares.

Dalian LNG terminal endeavour engineering, webs engineering and station endeavour is drafted of three parts. Construction works in couple phases. A total money of 6.8 billion endeavour, the every year arrange size to give 4.2 billion cubic meters, the utmost size in gas give five billion cubic meters. The second phase endeavour arranged to give 8.4 billion cubic meters size, maximum every year give size of 10 billion cubic meters.

Dalian LNG project received from Australia, Qatar and other countries of LNG resources, mainly used for city gas and industrial fuel. At the same time, relying on LNG project in Dalian, you can use on natural gas and downstream projects, the establishment of a complete industrial chain of LNG.

Dalian, China Petroleum and Liquefied Natural Gas Co., Ltd. is a China National Petroleum in the LNG enterprise to pattern the first junction project in China to pace up the revitalization of the Party Central Committee in answer to oil the vintage developed bases in northeast call for genuine collaboration with the Dalian municipal government form is to pace up the China Petroleum Dalian LNG tasks, the establishment of offshore oil and gas strategic paths, to defend nationwide power security, another foremost move.

China's Dalian LNG endeavour is the first oil commenced to import foreign liquefied natural gas resources, very many projects. Completion of the endeavour left into task, not able to simply alleviate the Liaodong Peninsula in northeast China and the every component of circumstances of tight give of natural gas, but also for provincial fiscal and social expansion to deliver bathe, efficient, firm energy encourage, in lead to write a harmonious fiscal and social setting, the revitalization of the Northeast, such as the implementation of the national the old industrial foundations play an noteworthy role in the strategy. At the same time, to take full gain of China's oil resources and markets, and improve the size of resources to shield and safeguard the country's energy protection, of great significance. Therefore, the Dalian LNG endeavour to be built into the worldwide energy and resources to deepen mutually beneficial cooperation in the strategic endeavour, erected plan has become the directing world-class quality works into the ad of environment-friendly society and the superiority of the masses of green engineering, scientific expansion into , the harmonious expansion of the instance project.

The Dalian LNG project since April 18, 2008 has started well in April 2011 is expected to officially put into operation. - 18423

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