China’s first private LNG bunkering station scheduled to open in 2016
The first private LNG bunkering station in China has been approved at the Port of Zhoushan.
The station, to be built by Hebei-based energy supplier ENN Energy Holdings, is expected to require a total investment of around RMB4.75 billion (US$775.7 million) and will boast a receiving capacity of three million tonnes.
The bunkering station is scheduled for completion in March 2016, according to the Zhoushan government, who will use the project as a mean of promoting Zhouson Port, which has recently merged with neighbouring Ningbo, as Northeast Asia’s LNG hub.
ENN Energy, who has an invested or operating interest in as many as 100 gas facilities throughout China, according to SinoShip News, recently agreed a long-term agreement with a Canadian firm for the supply of two million tonnes of LNG per annum.