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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) |