LNG

China moves on $4 bln Ethiopian export project

China may soon have a new source of LNG if Poly-GCL’s plan to export gas from Ethiopia comes to fruition China may soon have a new source of LNG if Poly-GCL’s plan to export gas from Ethiopia comes to fruition.
By Li Xin 13 April 2016 0 19903
An LNG filling station in Jiangsu province, which could receive gas from the Ethiopian project. (Ministry of Transport)

Chinese company Poly-GCL Petroleum Group Holdings is moving ahead with its $4 billion project to export gas from southeast Ethiopia’s Hilala and Calub gas fields to China after a drilling programme showed promise.

Two appraisal wells drilled last year yielded better-than-expected results, Liang Jin, gas manager at commodities consultancy JYD Information, told Interfax Natural Gas DailyPoly-GCL said in February that "three sets of oil and gas shows had been detected".

Project developers laid the foundation stone in early March. Construction should start in August and...