14 June 2013 11:46 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Shandong Huasheng Energy is expected to start up its 500,000 cubic metre (cbm)/day gas liquefaction plant at Yanzhou in Shandong province in October, a company source said on Friday.
The facility will mainly process natural gas supplied through PetroChina’s Hebei-Nanjing gas pipeline, and is equipped with a 5,000cbm storage tank, the source said.
Liquefied natural gas (LNG) outputs will be distributed by the company’s refuelling stations in Yanzhou and sold in China nationwide, the source said.
The company also plans to build a 300,000cbm/day liquefaction project in the second phase of construction, while the specific timeframe is not determined, the source said.
Shandong Huasheng Energy is jointly invested by Shandong Lihuasheng Energy (60%), a wholly-owned subsidiary of Shandong Shengli, Yanzhou Yinhe Electric Power (20%) and Shandong Jingshan Petroleum & Chemical (20%).
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