Sinopec to build new LNG terminal in Zhoushan

MOSCOW (MRC) -- China Petroleum & Chemical Corporation (Sinopec) has inked a deal to build a new LNG terminal in Zhoushan, reported OffshoreENERGY.The company has signed a deal with the Zhejiang provincial government worth USD2.8 billion to develop a 15 mtpa import terminal.According to a Reuters report citing a government notice, the facility will include four LNG storage tanks with 220,

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