26 July 2013 08:09 [Source: ICIS news]
SINGAPORE (ICIS)--Chinese firm Hebei Natural Gas plans to bring on line a 140,000 cubic metre (cbm)/day gas liquefaction plant at Xingtai in Hebei province in late 2014, a company source said on Friday.
The company started to build the project in May this year and is also building two 5,000cbm storage tanks at the same site, the source said.
The plant is expected to process natural gas supplied via PetroChina’s Shaanxi-Beijing gas pipelines.
The company has 20 subsidiaries, which all plan to build refuelling stations for liquefied natural gas (LNG), the source said.
Therefore, LNG outputs will be mainly distributed at these planned stations, with surplus to be sold in markets nearby.
“We are not going to buy any truck for LNG delivery at the moment and LNG outputs may be sold on ex-works basis,” the source added.
Hebei Natural Gas is a gas company specialised in natural gas transportation, sales and utilisation.
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