26 July 2013 07:59 [Source: ICIS news]
Correction: In the ICIS story headlined “China’s Yulin Jiaxian Tianbaoke to start up LNG plant in 2014” dated 26 July 2013, plead read in the second paragraph… “and will be equipped with a 5,000 CBM storage tanks”… instead of …”will be equipped with a 500,000 CBM storage tank”….A corrected story follows.SINGAPORE (ICIS)--China’s Yulin Jiaxian Tianbaoke Industry and Trade plans to start up a 1 million cubic metre (cbm)/day gas liquefaction project at Yulin in Shaanxi province by the end of 2014, a company source said on Friday.
The plant will mainly process natural gas supplied from PetroChina’s Changqing Oilfield, and will be equipped with a 5,000 cbm storage tank, the source said.
The company is planning to build a second-phase project of the same capacity, following the start-up of the plant in the first phase.
The company also plans to build refuelling stations for liquefied natural gas (LNG) in Shaanxi province.
LNG output from the plant will be distributed at these stations, with surplus to be sold in China nationwide, the source said.
“We will set up our own transportation firm for LNG delivery and plan to buy 100 trucks,” the source added.
Yulin Jiaxian Tianbaoke Industry and Trade largely engages in gas liquefaction, LNG storage and utilisation.
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