Giant Chinese Yangcheng-Binhai LNG import and storage terminal in Jiangsu receives first cargo from Qatar
China National Offshore Oil Corp. has received the first liquefied natural gas cargo, delivered from Qatar, to the giant Yancheng-Binhai Port import terminal with 10 storage tanks in eastern Jiangsu Province.
LNG will be close to meeting Northern Sea Route 2024 traffic targets but coal and oil fall short
The Russian government has reduced its target for energy cargo transportation to China and Asian nations by the Northern Sea Route with only shipments of LNG close to meeting projected volumes and cargoes of coal and oil falling short.
Guangdong province of southern China plans more gas-fired power to boost LNG cargo requirements
The Guangdong province of southern China, where the nation’s first liquefied natural gas imports arrived in 2006, is planning to boost gas-fired power capacity and LNG supply needs.
China's CNOOC posts record production with natural gas rise and jump in annual profits
China National Offshore Oil Corp., the state-backed oil and gas producer and the nation’s largest LNG import terminal owner, said annual net profits rose almost 16 percent as it achieved record production in 2019.
