Last week, cargo ship Sonangol Benguela successfully berthed alongside Yangkou Port, Nantong, Jiangsu Province with 60,000 ton import LNG and completed unloading at CNPC Jiangsu Rudong LNG Receiving Terminal, making ENN the first private company in China to successfully import LNG via third-party’s receiving facilities.
ENN is developing its first LNG import facility with 3 million mt/year of receiving capacity in the city of Zhoushan in Zhejiang. It is scheduled for completion by 2016.
The 60,000 ton imported LNG can supply the city buses in the region of Jiangsu and Zhejiang to safely run over 1.6 million kilometers. It can efficiently remit China’s imbalance between gas supply and demand in the winter, safeguard gas supply for people’s livelihood and stabilize the winter gas demand peak.
This initiative has established solid experiential grounding for future overseas procurement and domestic distribution of ENN Zhoushan LNG Import and Bunkering Terminal and is a bold attempt of ENN Group to enter the international LNG business.
Moreover, it is a milestone for the reform of China’s LNG import mode and has laid a solid foundation for the Chinese private companies to enter the international LNG market and to build the international LNG import channel.