16 May 2014 10:25 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Shaanxi Yanchang Petroleum (Group) plans to shut its 500,000 cubic metre/day gas liquefaction plant at Yan’an in Shaanxi province for turnaround in late June instead of May originally, a company source said on Friday.
The delay resulted from certain materials required for the turnaround not being ready yet, the source said, adding that the shutdown is likely to last for one month.
Other LNG producers having plants based in Shaanxi are likely to shut their units if inventories continue to rise amid poor sales, market sources said.
Shaanxi Yanchang Petroleum (Group) is one of the four enterprises qualified for oil and gas exploration in China.
The company has two LNG plants at different locations in Yan’an city, with a combined liquefaction capacity of 1.5 million cubic metres/day.
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