LNG

China Gas planning new LNG terminal

Hong Kong-listed China Gas Holdings is in talks with potential partners about building its first LNG terminal.
By Staff reporter 15 November 2017 0 28399

Hong Kong-listed China Gas Holdings is in talks with potential partners about building its first LNG terminal, company founder and president Liu Minghui said in an interview with Reuters.

China Gas signed a non-binding memorandum of understanding with Louisiana-based Delfin LNG last week to buy 3 mtpa of LNG.

Liu estimated China Gas supplies 8-9% of China’s total gas consumption and said the company plans to lay 20,000-30,000 km of pipelines every year over the next 3-5 years, in addition to the 140,000 km it currently operates.

Liu...