21 August 2013 07:41 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Jingpeng Natural Gas has been supplying LNG in small volumes from its gas liquefaction plant at Uxin Banner in Inner Mongolia autonomous region because of limited production, a company source said on Wednesday.
Its LNG production level is low, mainly because operations at the unit have been unstable, the source explained.
The company started up the 300,000 cubic metre (cbm)/day liquefaction plant in May.
The plant is equipped with eight 150cbm storage tanks and mainly processes natural gas supplied from PetroChina’s Changqing oilfield.
Jingpeng Natural Gas is a joint venture between Shenzhen Gas and Beijing Gas Group. It is responsible for the construction, operation and management of the LNG plant in Inner Mongolia.
LNG output from the plant is largely distributed through the refuelling stations owned by its two parent companies, and about 30% of which is sold in the domestic market, the source said.
The LNG is sold on an ex-works basis, the source said, adding that the company has no plans to buy trucks or engage third-party transport firms, because the amount of supply being delivered is small.
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