China Approves LNG Bunkering Project in Zhoushan

Zhoushan Government has approved the first private LNG bunkering station project in China, SinoShip news informs.

The first phase of the project is expected to have a receiving capacity of 3m tons upon completion in March 2016.

By promoting this project, government anticipates Zhoushan port would become the LNG centre of Northeast Asia.

RMB 4.75 billion facility will be built by ENN Energy Holdings from Hebei.

1 Chinese yuan = 0.163353 U.S. dollars