Chinese LNG terminal operator and city-gas company ENN Group increases revenues and profits
ENN Group, the leading non-state energy company in China with LNG and city-gas assets, reported an increase in annual revenues and profits as its reach extended to 18 more large towns and cities in 2020.
Asian Infrastructure Investment Bank backs first China project and chooses LNG facility
Asian Infrastructure Investment Bank (AIIB), backed by the Chinese government, said it was investing $500 million in an LNG import project near Tianjin port in northeast China to help support efforts to reduce air pollution.
China Offshore Oil Engineering wins LNG contract as network expands to 24 facilities
China Offshore Oil Engineering Co. has been awarded a contract to build a second LNG import terminal at Tangshan in northeast Hebei province and the cost of the project is estimated at 8 billion Chinese yuan ($1.1Bln) for the first and second phases.
China imports less LNG in October because of holidays but is still on track for 2019 record
Chinese liquefied natural gas imports dropped by around 12 percent in October compared with the same month a year ago because of factory holiday closures and a terminal outage, though were still ahead of last year’s total for the first 10 months of 2019.
