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Reuters: PetroChina expands receiving capacity of LNG terminals

Published 11/08/2016, 08:37 AM
Updated 11/08/2016, 08:37 AM
Reuters: PetroChina expands receiving capacity of LNG terminals
  • PetroChina (NYSE:PTR) started up new storage tanks for liquefied natural gas at two receiving terminals, getting ready to meet winter demand for the heating fuel, Reuters reports.
  • PTR reportedly began operating a 200K cm tank last week in Rudong, eastern Jiangsu province, as well as regasification facilities and pipelines, part of a second-phase expansion that brought its handling capacity to 6.5M metric tons/year, up from a 3.5M; after the expansion, Rudong has 680K cm of storage space.
  • PTR also is test running a new storage tank this week at its Dalian terminal in the northeast, which is expected to double the receiving capacity to 6M metric tons/year, according to the report.

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