marine link image
Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

East China LNG Terminal Records 93% Sales Increase

June 4, 2018

© philipus / Adobe Stock
© philipus / Adobe Stock

A liquefied natural gas (LNG) import terminal in east China operated by China National Offshore Oil Company, or CNOOC, recorded an increase of 93 percent in gas sales in the first five months of this year, the state oil company said on Monday,

CNOOC's LNG sales from the Ningbo terminal in Zhejiang province hit 2 million tonnes by the end of May, nearly doubling the amount from a year ago, according to a statement posted on CNOOC's website.

The gas sales are expected to head higher in the coming few months as demand for the fuel rises with hotter summer temperatures.

The report did not give a breakdown for sales via pipeline and LNG trailers, the latter has boomed since last winter to meet fast demand growth spurred by Chinese government's gasification drive.


(Reporting by Chen Aizhu; Editing by Christian Schmollinger)

Logistics News

Russian Diesel Tanker Awaits Destination Off US East Coast

Russian Diesel Tanker Awaits Destination Off US East Coast

Marlink Secures BV Certification for XChange NextGen Platform

Marlink Secures BV Certification for XChange NextGen Platform

Gulf Markets Rise on Hopes of Avoiding Future Iran Strikes

Gulf Markets Rise on Hopes of Avoiding Future Iran Strikes

Los Angeles, Long Beach Port Workers Extend Labor Negotiations

Los Angeles, Long Beach Port Workers Extend Labor Negotiations

Subscribe for Maritime Logistics Professional E‑News

Pentagon: Boeing has won the contract for next-generation US Navy fighters.
Boeing flags 737 MAX Software Bug Affecting Landing Navigation Feature, WSJ Reports
Smoke in the cabin causes emergency landing of a Boston bound Delta flight in Portugal