China’s Ordos Huida delays LNG plant start-up to mid-September

03 September 2012 08:17  [Source: ICIS news]

SINGAPORE (ICIS)--Chinese producer Ordos Huida LNG has postponed the start-up date for its 300,000 cbm/day liquefied natural gas (LNG) plant at Ordos in Inner Mongolia to 15 September from July, a company source said on Monday.

The delay was caused by construction work that took longer than expected to complete, the source explained.

The LNG plant was originally supposed to supply output to LNG-refuelling stations operated by Inner Mongolia Western Natural Gas in the domestic market. The supply will now be distributed by Bayannur Hengtai New Energy instead, said a company source from Bayannur. Excess volumes will be sold to nearby markets.

LNG prices have been declining in both east and south China since August because of an oversupply in the domestic market. The delay to Ordos Huida’s LNG plant start-up can prevent further supply from flooding the Chinese market and help to underpin prices, according to market sources.

Ordos Huida LNG and Bayannur Hengtai New Energy are subsidiaries of Inner Mongolia Western Natural Gas.

By: Jane Han

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index