CNOOC Planning Another LNG Terminal in Fujian Province

China National Offshore Oil Corp (CNOOC) is planning another LNG receiving terminal in the southeastern province of Fujian, a company official told news agency Reuters.

As per Reuters, the project will have an annual capacity of 3 million tons in its first phase and will be based in Zhangzhou city. The cost is expected to be 6.7 billion yuan.

“The project has finished the preliminary work and is now waiting for the final approval from Beijing to start construction,” the news agency quoted the official as saying.

The company operates six receiving terminals along the east coast.

In November, CNOOC announced that its newest Tianjin floating LNG terminal received its first cargo.

Country’s first FLNG project officially started trial with arrival of 59,000 mt LNG cargo, CNOOC said.

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