Hong Kong power firm eyes floating LNG terminal

Hong Kong power firm eyes floating LNG terminal

Hong Kong power company CLP Power has announced that it is considering a plan to build a floating LNG receiving terminal off Hong Kong’s Soko Islands.

The company will submit a proposal for the plan to the Environmental Protection Department as part of the environmental impact assessment process soon, although at the moment there is no confirmed timeframe for the project.

The proposed terminal includes two berths for gas carriers to dock, a floating storage regasification unit for turning LNG from the liquid state to natural gas, and a 40-kilometre subsea pipeline to transfer the gas.

According to CLP senior commercial director Edward Chiu On-tin, it is estimated that 30 to 50 LNG carriers will dock at the terminal every year.

CLP received approval to build an onshore LNG terminal on South Soko Island in 2008, however the plan was scrapped later when China pledged to continue its supply of natural gas to the city for two more decades.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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