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Construction begins on Chengda’s general contracting project for the Guangzhou LNG emergency peak-shaving gas storage facility, with an investment of 3 billion yuan
The Guangzhou LNG emergency peak-shaving storage facility project is a key project in China’s LNG industry; it has been included in the 13th Five-Year Plan for energy development. It also constitutes a key element of the supply-side structural reform efforts at both the provincial and municipal levels in Guangdong Province, and serves as an important infrastructure for ensuring the safety of gas supply and providing emergency support in the future. Its designed capacity is 1 million tons per year, with two LNG storage tanks of 160,000 cubic meters each planned to be built. The project requires an investment of 2.972 billion yuan, and upon completion it will become an important part of Guangdong Province’s natural gas supply system, characterized by a diverse range of suppliers, moderate competition, stability and reliability, as well as reasonable prices.
In the domestic LNG project sector, Chengda Company was one of the first firms to get involved in the construction of LNG receiving station projects. It has been involved throughout the entire process, witnessing the progress toward localization of LNG project EPC contracts and LNG equipment manufacturing. The company has completed the preparation of feasibility studies, preliminary design, detailed design, as well as EPC projects for over 30 LNG receiving stations and floating LNG receiving stations across China, including those in Fujian, Ningbo, Tianjin, Eastern Guangdong, Guangxi, Tangshan, and other locations.
The movements in the south are faster than those in the north
It’s probably a matter of the overall atmosphere; the south is warmer and more energetic