21 September 2011 07:37 [Source: ICIS news]
The producer is building the terminal to enter the LNG market, the source said.
The company is building three storage tanks, each with a capacity of 160,000 cubic metres (cbm), and a dock to support future operations at the terminal, the source said.
In addition, Sinopec is planning to expand the capacity at the terminal in the second phase of the construction.
However, the company has not decided its capacity or when it will start building the second phase, according to the source.
($1 = CNY6.39)
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