Hong Kong-listed China Gas Holdings Limited (CGH), among the largest trans-regional energy service enterprises in China, discussed its liquefied natural gas (LNG) bunkering ambitions in the company’s latest FY2018 financial report.
The group, which owns patents and intellectual property rights to LNG engine modification technology for vessel use, says it has successfully completed construction of the first shore-based LNG filling wharf on the Yangtze River.
“The project has been selected by the Ministry of Transport as a pilot project in the application of LNG for marine transportation,” it states.
“As such, it has opened the LNG filling network along the Yangtze River, upstream to downstream, and actively promoted the integrated use of LNG, shore electricity and distributed energy at sea and river ports.”
CGH, meanwhile, entered into a strategic cooperation framework agreement with CNOOC Gas and Power Group to use their respective resources to jointly build LNG refilling stations for vessels.
In the coming five years, the group intends to step up deployment of LNG filling facilities along coastal areas and major rivers and inland waterways including the Yangtze River, the Pearl River, the trunk line of the China Grand Canal and the seacoast, as well as the Yangtze River Delta and Pearl River Delta.
In August, the China Ministry of Transport outlined the country’s draft LNG bunkering strategy thought a feedback request letter to various commercial entitles and state-owned energy players.
Photo credit: China Gas Holdings Limited
Published: 3 September, 2018
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