13 November 2012 08:44 [Source: ICIS news]
SINGAPORE (ICIS)-- China Communications Construction Company’s First Harbor Engineering Co (CCCC First Harbor Engineering Co) plans to complete building the first phase of its liquefied natural gas (LNG) terminal at Tianjin in the first quarter of 2013, a source close to the company said on Tuesday.
The project is the first floating LNG jetty in the region of Tianjin, and can berth an LNG ship with a 150,000-tonne capacity, the source said.
The first phase of construction includes building of LNG storage tankers and pipelines with a total capacity of 2.2m tonnes/year, the source said.
The second phase of the projet will include a large receiving terminal with capacity of not less than 6m tonnes/year, four LNG storage tankers with capacity of 160,000 cubic metres each, and 10 more LNG tankers – all of which are expected to start operation by 2015, the source said.
Financial details of the project were not disclosed.
CCCC First Harbor Engineering Co, a wholly-owned subsidiary of China Communications Construction Co – a state-owned firm that is mainly engaged in port construction and in diversified businesses across the country.
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.
|ICIS news FREE TRIAL|
|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|
Asian Chemical Connections