Shenergy to build second Shanghai LNG terminal

CNOOC's Tianjin LNG terminal. (CNOOC)

Shanghai’s main energy company Shenergy Group plans to build a second LNG terminal in the city to ensure the availability of long-term gas supplies for local consumers and those in the wider Yangtze River Delta, the company’s Chairman Huang Dinan told Interfax on the sidelines of the LNG2019 conference on Friday.

A second import facility would help Shenergy pursue its ambitions of becoming a regional gas player in the affluent region surrounding Shanghai, which includes the major gas-consuming provinces of Jiangsu and Zhejiang....