23 August 2012 09:49 [Source: ICIS news]
However, the actual date and prices are not settled yet, the source said.
The company has been conducting trial runs and operating the plant at 30% of capacity since 15 August, the source added.
The plant is the first phase of a 1m cbm/day project at the same site that involves an investment of about yuan (CNY) 95.4m ($15m), the source said.
Feedstock gas is mainly supplied by PetroChina Changqing Oilfield, according to the source.
LNG supply will rise and competition among domestic producers will intensify in the region. However, it will have minimal impact on the Chinese market in the near term.
Hengtong New Energy Development is largely engaged in the investment, construction and management of natural gas liquefaction and utilisation facilities.
($1 = CNY6.35)
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