BR100 Increased By (0.37%)
BR30 Increased By (0.26%)
KSE100 Increased By (0.18%)
KSE30 Increased By (0.08%)
BECO 5.97 Decreased By ▼ -0.06 (-1%)
BML 57.50 Increased By ▲ 4.75 (9%)
BOP 34.19 Decreased By ▼ -0.06 (-0.18%)
CNERGY 8.21 Increased By ▲ 0.05 (0.61%)
DCL 12.10 Decreased By ▼ -0.24 (-1.94%)
FCCL 53.90 Increased By ▲ 0.01 (0.02%)
FCSC 5.24 Increased By ▲ 0.02 (0.38%)
FFL 18.00 Decreased By ▼ -0.03 (-0.17%)
FNEL 1.32 Increased By ▲ 0.02 (1.54%)
HUMNL 11.22 Increased By ▲ 0.22 (2%)
KEL 8.14 Increased By ▲ 0.03 (0.37%)
KOSM 5.45 Increased By ▲ 0.07 (1.3%)
MLCF 88.60 Increased By ▲ 0.55 (0.62%)
NBP 186.05 Decreased By ▼ -0.43 (-0.23%)
PACE 10.95 Increased By ▲ 0.23 (2.15%)
PAEL 40.50 Increased By ▲ 0.56 (1.4%)
PIAHCLA 26.32 Increased By ▲ 0.15 (0.57%)
PIBTL 17.34 Increased By ▲ 0.02 (0.12%)
PPL 232.66 Decreased By ▼ -0.12 (-0.05%)
PRL 34.90 Decreased By ▼ -0.05 (-0.14%)
PTC 66.79 Decreased By ▼ -0.77 (-1.14%)
SEARL 91.53 Increased By ▲ 0.60 (0.66%)
SSGC 27.20 Increased By ▲ 0.03 (0.11%)
TELE 8.65 Increased By ▲ 0.08 (0.93%)
THCCL 64.82 Increased By ▲ 4.69 (7.8%)
TPLP 9.10 Increased By ▲ 0.34 (3.88%)
TREET 24.68 Increased By ▲ 0.14 (0.57%)
TRG 72.59 Increased By ▲ 0.84 (1.17%)
WAVES 10.70 Increased By ▲ 0.72 (7.21%)
WTL 1.27 Increased By ▲ 0.01 (0.79%)
By

BEIJING: Chinese state-owned CNOOC has received government approval to build a second berth at its LNG receiving terminal in Yancheng in eastern Jiangsu province, according to a statement from the Shanghai Petroleum and Natural Gas Exchange on Tuesday.

The second berth will be one of four such berths on a new platform and will have annual throughput capacity of 6 million metric tons alongside 4 million tons loading and offloading capacity, the statement said.

Oil prices hover near 3-week highs on Middle East tensions, China demand

The addition is part of an expansion project for CNOOC’s Yancheng green energy port, which is designed to serve the natural gas needs of the provinces of Jiangsu, Anhui, Henan and Shandong, the statement said.

Comments

Comments are closed for this article.