China to Launch New Import Terminal to Receive LNG From Exxon ...Middle East

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China to Launch New Import Terminal to Receive LNG From Exxon
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Guangdong Energy Group of China is set to launch next week commercial operations at a new LNG import terminal, which U.S. supermajor ExxonMobil can use under a long-term agreement, Reuters reported on Thursday, citing industry sources. The LNG receiving terminal in Huizhou in the province of Guangdong, southern China, has the capacity to handle 4 million metric tons of LNG per year and cost $1 billion to complete. The LNG import site has already received its first LNG cargo. A shipment from the United Arab Emirates (UAE) arrived in August in a…

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