China Three Oil Giants Layouts Natural Gas Markets
2013-07-30
With 60000 tons of LNG gets ashore of Fujian LNG station, CNOOC has imported over 500 million tons of LNG this year, and it becomes the second largest LNG buyer in the world.
With 60000 tons of LNG gets ashore of Fujian LNG station, CNOOC has imported over 500 million tons of LNG this year, and it becomes the second largest LNG buyer in the world.
Now CNOOC is building natural gas transporting lines across Jilin, Liaoning, Hebei, Tianjin, Shandong etc east provinces.
At the same time, Sinopec and China Petrol is also laying out the resources of LNG in China and their investment will amount to over 1000 billion Yuan.
81.5 billion cubic meter natural gases are consumed in the first half year, up 13% over last year, and the consumption will amount to 250 billion cubic meters till 2015.
Each year China Petrol invest 140-150 billion Yuan on natural gases each year. China three major oil companies purchased 34 billion USD LNG in 2012, and they will buy more as time goes by.
CNOOC has finished LNG stations receiving in Guangdong, Fujian, Shanghai and Zhejiang, and their LNG stations will be further receive in Zhuhai, Tianjin, Hainan and Shenzhen in the following two years.
