CNOOC awards Sofregaz China LNG terminal contract

Feb. 27, 2003
China National Offshore Oil Corp. Ltd. has awarded a $900,000 contract to Sofregaz for the front-end engineering and design of the Fujian LNG terminal in Fujian province, near the coastal city of Putian, China.

By OGJ editors

HOUSTON, Feb. 27 -- China National Offshore Oil Corp. Ltd. (CNOOC Ltd.) has awarded a $900,000 contract to Sofregaz—a 66:34 joint venture of Montedison Group unit Tecnimont and Gaz de France, respectively—for the front-end engineering and design of the Fujian LNG terminal in Fujian province, near the coastal city of Putian, China.

Design is expected to take 8 months.

The terminal will have a production capacity of 2.6 million tonnes/year (t/y) of gas in 2006 and will be designed for an ultimate capacity of 5 million t/y in 2012.

CNOOC Ltd. has signed an agreement to purchase, from Indonesia's Tangguh LNG project, as much as 2.6 million t/y of LNG, which will be delivered to the LNG terminal beginning in 2007 (OGJ Online, Oct. 2, 2002, p. 9).