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|11 February, 2019

China mining group plans riverside LNG terminal -media

The terminal, which the company claims is the first one to be built along the Yangtze, will have a handling capacity of 2 million tonnes annually

SINGAPORE- * Chinese coal miner Huainan Mining Group has won provincial approval to build a terminal along the Yangtze river to receive liquefied natural gas (LNG), according to a news report on a website affiliated with the Ministry of Transport published on Jan. 30.

* The terminal, which the company claims is the first one to be built along the Yangtze, will have a handling capacity of 2 million tonnes annually and will cost about 3 billion yuan ($442.71 million) to build, according to the report.

* The terminal, to be located at the port of Sanshan in the inland city of Wuhu in Anhui province, is slated for completion in 2022, the report said.

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* Huainan Mining is already partnering with state-run China National Offshore Oil Corp for a planned LNG receiving terminal at the coastal port of Yancheng in Jiangsu province. The 3 million tonne-per-year terminal is expected to be operational by the end of 2020.

($1 = 6.7764 yuan)

(Reporting by Chen Aizhu; Editing by Christian Schmollinger) ((aizhu.chen@thomsonreuters.com; +65 6870 3284; Reuters Messaging: aizhu.chen.reuters.com@reuters.net))

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