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China's first large-scale LNG production base overseas in Australia

China's first large-scale LNG production base overseas in Australia

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2020-03-31 14:57
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China's first large-scale LNG production base overseas in Australia

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2020-03-31 14:57
  • Views:
Information

China National Offshore Oil Corporation, 25, announced that overseas Chinese first large-scale liquefied natural gas (LNG) production base, located in the Australian Curtis project completed and put into production, this is the first time that China had participated in overseas LNG project, the middle and lower reaches of the whole industry chain.

Through this project, Chinese enterprises realize the development from the global LNG industry chain downstream to upstream, from the past single buyer's market to buyer's market and resources in the development of both, a move that to enhance the status of China "s division of labor in the global LNG industry has milestone significance.

Curtis project is located in Australia, Queensland, Lanzhou, is the world's first coal gas source for large-scale LNG projects. Project coal gas source proven and control of total reserves of 350000000000 cubic meters.

Through the Curtis project, China can directly get 3600000 tons of LNG resources for 20 years. In 2015 January the project one production line outside the ship lost the first trial LNG, has delivered 16 LNG ship. At present, two production line is commissioning, is expected to be put into operation in the three quarter of this year, when the project LNG production capacity of 8500000 tons / year.

CNOOC's air power group as the second major projects and investment parties, has invested $25%, 6000000000 of the upstream assets and the middle reaches of the liquefied plant on the 1st of the production line 50% interest. During CNOOC's offshore oil development also with project partners British Gas Group Group (BG) reached to build four ships 17.4 million cubic meters of large LNG carriers protocol in China, the builder for Shanghai Hudong Zhonghua shipbuilding plant.

"The completion of the project will enhance the right of voice in the field of LNG production and distribution." CNOOC Chairman Yang Hua said, the future, CNOOC will continue to efforts to obtain competitive natural gas resources in the world, make a positive contribution to the development of China's natural gas industry and guarantee the supply of clean energy.

Back in the last century, the 90's, CNOOC began to layout the domestic LNG industry. 10 years, CNOOC has built in the southeast coast of China's adult reception capacity of over 7 tons of large LNG receiving station 25000000. China has now imported more than 70000000 tons of LNG, CNOOC gas group has become the world's second largest LNG long contract holder.

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