China International Marine Containers Co., Ltd (CIMC) has signed a deal to deliver two 160,000 m3 storage tanks for a $1.46 billion liquefied natural gas (LNG) terminal in Zhoushan, China, which is due to be used for cargo and bunkering purposes.
Specifically, in 2015, the Chinese central government granted ENN Group permission to build the aforementioned LNG facility in Zhoushan.
In the near future, the LNG terminal is expected to handle 10 million metric tonnes (mt) of LNG annually. It has been further said that CIMC Enric subsidiaries, Nanjing Yangzi Petrochemical Design Engineering Co Ltd and TGE Gas Engineering GmbH will take on the design, procurement, and construction work for the tanks.
The tanks are set to be delivered to ENN Group’s LNG fuelling terminal project in 2018. Under the project, two more storage tanks will be constructed for Phase II of the plan and four more for Phase III.