Guangdong Dapeng LNG Company Ltd.is the joint venture company constructing and operating the GDLNG Terminal and Trunkline Project. As a SinoForeign joint venture, Guangdong Dapeng LNG Company Ltd. consists of eleven Chinese and foreign shareholders.CNOOC is the largest Chinese shareholder while BP Global Investment Ltd. is the foreign partner.
In 2001, the predecessor of Guangdong Dapeng LNG Co. Ltd.,Guangdong LNG Joint Executive Office, officially started in Shenzhen, embarking on a feasibility study of the project. At the beginning of 2004, Guangdong Dapeng LNG Co. Ltd. was approved by the Ministry of Commerce of the PRC and was registered in the State Administration for Industry and Commerce of the PRC.
The major business scope of Dapeng LNG Company Ltd. includes: purchase (import), transportation, storage and regasification of LNG; sale (transmission) of NG and byproducts to the Pearl River Delta and other regions; the chartering, lease and operation of LNG carriers;the purchaseand sale of LNG outside China and other related businesses.
As the major operation mode of the Guangdong LNG Terminal and Trunkline Project Phase I, the imported LNG is transported by tank carrier from Australian North West Shelf and delivered to the receiving terminal, where it is offloaded into storage tanks. The converted gas is distributed to power plants and urban gas users via trunkline and subsea pipelines.
Guangdong Dapeng LNG Company Ltd.is the joint venture company constructing and operating the GDLNG Terminal and Trunkline Project. As a SinoForeign joint venture, Guangdong Dapeng LNG Company Ltd. consists of eleven Chinese and foreign shareholders.CNOOC is the largest Chinese shareholder while BP Global Investment Ltd. is the foreign partner.
In 2001, the predecessor of Guangdong Dapeng LNG Co. Ltd.,Guangdong LNG Joint Executive Office, officially started in Shenzhen, embarking on a feasibility study of the project. At the beginning of 2004, Guangdong Dapeng LNG Co. Ltd. was approved by the Ministry of Commerce of the PRC and was registered in the State Administration for Industry and Commerce of the PRC.
The major business scope of Dapeng LNG Company Ltd. includes: purchase (import), transportation, storage and regasification of LNG; sale (transmission) of NG and byproducts to the Pearl River Delta and other regions; the chartering, lease and operation of LNG carriers;the purchaseand sale of LNG outside China and other related businesses.
As the major operation mode of the Guangdong LNG Terminal and Trunkline Project Phase I, the imported LNG is transported by tank carrier from Australian North West Shelf and delivered to the receiving terminal, where it is offloaded into storage tanks. The converted gas is distributed to power plants and urban gas users via trunkline and subsea pipelines.