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Policy & Regulation

CNOOC warms up to open access for LNG terminals

China’s top LNG importer has publicly set out when it will open access to its terminals, as it looks to move in lockstep with reforms to liberalise the Chinese gas market China’s top LNG importer has publicly set out when it will open access to its terminals, as it looks to move in lockstep with reforms to liberalise the Chinese gas market.
By Colin Shek and Tang Tian 23 July 2018 Asia Pacific / LNG 0 31842
CNOOC’s Fujian LNG terminal. (CNOOC)

A public pledge by China National Offshore Oil Corp. (CNOOC) last week to open up its LNG terminals to other companies marked a change in attitude for the world’s third-biggest LNG importer, which has resisted granting third-party access (TPA) to its regasification infrastructure for years.

CNOOC will promote TPA “in an orderly manner” at its terminals in the provinces of Guangdong and Zhejiang in H2 2018, Jin Shuping, deputy general manager of CNOOC’s downstream gas and power subsidiary, said on Thursday at the Chinese launch of...

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