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    China’s first locally built LNG
    tanker completes maiden voyage

    China’s first locally built liquefied natural-gas (LNG) tanker has completed its maiden voyage transporting the fuel from Australia to southern China’s Guangdong province.

    Guangdong Dapeng LNG Co., the nation’s only LNG importer, received its first cargo from the Dapeng Sun on May 2, the Shenzhen-based company said in an e-mailed statement yesterday.

    The tanker is one of five Chinese shipyards are building to serve LNG receiving terminals planned for the world’s fastest-growing major economy. Demand for LNG is rising, as China promotes gas as a cleaner-burning alternative to coal and oil.

    ”With this vessel, the company furthers its position as a pioneer in the LNG industry in China,’’ Thomas King, Guangdong Dapeng LNG president, said in the statement.

    The Dapeng Sun is operated by China LNG Ship Management Co., a joint venture between China LNG Shipping Holding Ltd. and BP Shipping Ltd.

    Guangdong Dapeng LNG, which started operating in May 2006, is a venture between China National Offshore Oil Corp. and BP Plc. China National is the nation’s largest offshore oilfield developer.

    LNG is natural gas that has been chilled to liquid form, reducing it to one-six-hundredth of its original volume, for transportation by ship to destinations not connected by pipeline. It’s turned back into gas for distribution to power plants and other buyers. (Bloomberg)

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    China’s first locally built LNG tanker completes maiden voyage

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