XIAMEN FIT IMPORT & EXPORT CO., LTD.
Shanghai launches new LNG project
click rate:1775 issue time:2007-03-10 08:12
Jan. 26, 2007 (China Knowledge) – Shanghai has recently launched a major energy supply project to transmit liquefied natural gas (LNG) from Malaysia for 25 years.


A ceremony to inaugurate the construction of the Shanghai terminal took place on Monday. The project is scheduled to be operational in 2009, announced Shanghai Mayor Han Zheng.


The upcoming Shanghai terminal is located in the Yangshan deep-water port, an international shipping center in Shengsi County in neighboring Zhejiang Province, at the mouth of the Yangtze River, about 45 km from Pudong International Airport.


The first phase involves a total investment of RMB 7 billion and includes three 165,000-ton concrete tanks and a dock that can anchor ships from 80,000 to 200,000 cubic meters. Annual supply will be around 1.1 million tons during the first three years, before rising to 3 million tons from 2012.