13 June 2012 08:57 [Source: ICIS news]
SINGAPORE (ICIS)--Chinese firm Cangxi County Datong Natural Gas and Investment plans to start up a 300,000cbm/day liquefied natural gas (LNG) plant at Guangyuan in ?xml:namespace>
The plant is the first phase of its 3.8m cbm/day complex at the same site, the source said.
The second and third phases, with capacities of 1.5m cbm/day and 2m cbm/day respectively, is scheduled to come on stream by 2014, said the source.
Three 5,000cbm storage tanks will be built for the first two plants, while storage facilities for the third one have not been finalised, the source said, adding that feedstock gas for the whole complex will be supplied by PetroChina Southwest Oil & Gas Field and Sinopec’s Yuanba gas fields.
LNG outputs will be further processed and used for welding and cutting metals in industries such as shipbuilding and container production, the source said.
“Our products are set to replace acetylene in the welding industry, which usually uses acetylene to weld and cut metals,” the source added.
LNG is safer and costs less than acetylene, according to market sources.
The company is largely engaged in the production, transportation and distribution of natural gas that is used to weld and cut metals.
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