China International Marine Containers (CIMC), has secured a deal to deliver two liquefied natural gas (LNG) storage tanks as part of China’s first civil demonstration project to use LNG to fuel international vessels.
A $1.46 billion liquefied natural gas (LNG) facility for cargo and bunkering operations at Zhoushan, China is reportedly scheduled to start operations next year.
CIMC Enric Holding, the equipment manufacturing unit of CIMC, will deliver the units, each with a capacity of 160,000 m3, to ENN Group’s LNG fuelling terminal project in the Marine Industry Cluster Zone of the Zhoushan Archipelago New Area in 2018.
The design, procurement and construction work of the storage tanks will be completed by Nanjing Yangzi Petrochemical Design Engineering Co Ltd and Germany-based TGE Gas Engineering GmbH – both subsidiaries of CIMC Enric.
The project is divided into three phases and is able to handle 10 million metric tonnes of LNG per annum when fully completed. It will be built in three phases under a total investment of ¥10bn ($1.5bn).