Tag Archives: China

China About to Become Top LNG Importer This Year

China will this year overtake Japan as the world’s largest importer of liquefied natural gas, ICIS Edge, a service of market intelligence provider ICIS, said this week, as quoted by Reuters. China is already catching up with Japan in terms of LNG imports: • Japan imported 76.32 million tons of …

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China Starts Work on the World’s Largest LNG Storage Unit

China’s National Offshore Oil Corporation (CNOOC) has expanded the construction of what will be the world’s largest liquefied natural gas (LNG) storage tanks in Yancheng Binhai Port Industrial Park in Jiangsu province. Overall, six tanks will be built at a cost of 6.1 billion yuan ($955 million), the company said. …

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Irena and China to Work Together on Carbon Neutrality Roadmap

The International Renewable Energy Agency and China’s National Energy Administration signed an agreement to strengthen efforts towards reaching carbon neutrality goals in the world’s second-largest economy. Abu Dhabi-based Irena, which is headquartered in Masdar City, will prepare a comprehensive energy transition roadmap that will identify key policy actions, technology solutions, …

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World’s First 100,000-Ton Deep-Sea Semi-Submersible Oil Platform Ready for Production in June

The world’s first 100,000-ton deep-sea semi-submersible oil production and storage platform, China’s self-developed “Deep Sea No 1” energy station, has successfully completed installation of all equipment and is expected to start production at the end of June, China National Offshore Oil Corporation (CNOOC) said on Saturday. It once again demonstrated …

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