Shenzhen plans acceleration of domestic and international LNG bunkering business
The Yantian Port District in Shenzhen is planning to accelerate the development of its liquefied natural gas (LNG) sector, setting standards for China’s emerging green transportation industry, according to local reports.
In the 35 years of development of Shenzhen, Yantian Port District has invested more than 1 billion yuan ($1.5 billion) to promote the region’s environmental protection, infrastructure construction and energy-saving equipment transformation.
The official launch of construction works for China’s first offshore international LNG bunkering centre on June 3 2021 at Yantian Port, Shenzhen is also amongst the LNG projects targeted at the domestic and international markets.
The project is jointly supported by the Yantian District Government of Shenzhen City, PetroChina and Natural Gas Company and Shenzhen Gas Group.
The LNG bunkering centre will further be supported by a 8,000-10,000 m3 capacity bunkering tanker built to supply LNG as a bunker fuel to international ships.
The LNG bunkering facility is expected to sell about 2 million tonnes of fuel to international vessels per year, adding an annual revenue output value of 10 billion yuan (USD 1.5 billion) for the region.
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20th December 2021