Guangzhou Gas shortlists LNG suppliers
October 25, 2018 | Singapore | OSEA2018 Industry Insights
Guangzhou Gas, one of the largest town gas distributors in southern China, has shortlisted international liquefied natural gas suppliers in a tender for long-term LNG supply launched early this year
Industry officials said Guangzhou Gas is in the final stage of evaluating potential suppliers including Petronas of Malaysia, Total of France and Anglo-Dutch supermajor Shell for the supply of 1 million tonnes per annum of LNG for utilities and commercial outlets in Guangdong province.
Sources said Guangzhou Gas launched the LNG supply tender early this year on behalf of a consortium made of four town gas stakeholders in the Dapeng LNG terminal operated by China National Offshore Oil Corporation in Shenzhen city of Guangdong.
Guangzhou Gas owns a 6% stake in the Dapeng terminal, while Shenzhen Gas, Foshan Gas and Dongguan Energy Investment hold 10%, 2.5% and 2.5% interests, respectively.
Guangzhou Gas also owns a 25% stake in CNOOC’s Jinwan LNG terminal in Zhuhai city. The consortium wants to import 1 million tonnes of LNG annually over 15 years.
This article was originally published on upstreamonline.com