China’s Hanas seeks import independence with Putian LNG project

Hanas's large-scale LNG plant in Yinchuan, Ningxia. (Hanas)

Independent Chinese energy group Hanas is in the final stages of the permitting process for its first LNG terminal in southeastern China, with construction on the project to begin soon following regulatory approval. This will see the northwest China-based company join the growing crowd of non-NOCs developing their own regasification facilities in the country, a move triggered by pricing reforms and China’s plan to grant third-party access to pipeline infrastructure

The terminal, which will be located in the city of Putian in Fujian province, will have...