China’s state-owned National Oil and Gas Pipeline Group (PipeChina) and partner Nanshan Group have accelerated construction of the Longkou Nanshan LNG storage project in Yantai City, according to local media.
The project, at east China’sShandong Province, includes an LNG receiving terminal, a wharf, and some LNG storage tanks. Construction workers are now working on the No. 6 tank.
Currently, the overall progress of the first phase of the CY35bn project has passed halfway. The project now enjoys increasingly prominent advantages in the fields of LNG cold energy utilisation, natural gas reserve transportation and gas sales, and the natural gas industry chain has been further expanded around the project.
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