By an OGJ Online Correspondent
BEIJING, Sep. 14 -- China National Offshore Oil Corp. is considering building liquefied natural gas terminals in eastern China's Fujian and Shandong provinces.
CNOOC has started prefeasibility studies with officials in the two provinces. The next step will be submission of project proposals to the government for approval.
Building a LNG terminal in Fujian may be more feasible than in Shandong, because the latter already has access to both on and offshore gas supplies from CNOOC and PetroChina Co.
CNOOC has major gas operations in the Bohai Sea, off Shandong, while PetroChina plans to move gas production from western China by pipelines via Beijing to Shandong.
CNOOC's original plan called for building LNG terminals in Shanghai city and Zhejiang province. However, CNOOC scrapped the plan following PetroChina's decision to move gas from Xinjiang to eastern China including Shanghai and Zhejiang.
PetroChina will start construction of the 4,000-km pipeline later this month, with completion scheduled for mid-2003.
