LNG projects will in­crease pro­duc­tion

China Daily (Canada) - - NEWSCAPSULE -

Fifty-five projects for liq­ue­fied nat­u­ral gas will be com­pleted this year to bring China’s to­tal daily LNG pro­duc­tion ca­pac­ity be­yond 60 mil­lion cu­bic me­ters, ac­cord­ing to es­ti­mates from a Shang­hai-based en­ergy con­sul­tancy.

LNG pro­duc­tion ca­pac­ity grew 51.2 per­cent to 38.35 mil­lion cu m a day last year, ac­cord­ing to ICIS C1 En­ergy.

Fig­ures from the CNPC Eco­nom­ics and Tech­nol­ogy Re­search In­sti­tute, which uses dif­fer­ent cal­cu­la­tion meth­ods, show that China has 66 LNG projects in oper­a­tion with a to­tal ca­pac­ity of 33.77 mil­lion cu m a day.

The fig­ure will grow to more than 70 mil­lion cu m a day this year if all the projects un­der con­struc­tion are com­pleted, said the in­sti­tute.

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