Trio moves towards Guangzhou LNG terminal JV

Trio moves towards Guangzhou LNG terminal JV

Pacific Oil & Gas (PO&G) signed a letter of intent with Guangzhou Gas Group and Guangzhou Port for the development of the Guangzhou LNG peak-shaving terminal joint venture.

The Guangzhou peak-shaving station aims to optimize the energy infrastructure of Guangzhou and improve energy supply reliability, the company said in its statement.

The letter of intent signing also follows last year’s heads of agreement between Woodfibre LNG Export and Guangzhou Gas Group concerning a potential LNG offtake of 1 mtpa of LNG for 25 years, starting in 2020, from the Woodfibre LNG project in Squamish, British Columbia, Canada.

The Woodfibre LNG project is owned and operated by Woodfibre LNG, a privately held Canadian company based in Vancouver, and a subsidiary of PO&G which is part of the Singapore-based Royal Golden Eagle (RGE) group of companies.

Share this article

Follow LNG World News


<< Aug 2019 >>
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

5th CWC China LNG & Gas International Summit & Exhibition

5th CWC China LNG & Gas International Summit & Exhibition will return 16 – 17 October 2019, bringing together the key players…

read more >

LNG Pricing, Trading & Hedging Houston

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >

Offshore Energy Exhibition and Conference 2019

The three-day event includes an exhibition where an expected 600+ supply chain companies will showcase their products and services.

read more >