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The Guangdong LNG Project is the first pilot project in China for the importation of LNG. In order to relieve energy shortages in the south eastern coastal area of China, the State Council approved the proposal to import LNG into Guangdong Province as a pilot project in 1998. By the end of 1999, the project formally commenced. In 2003, the Feasibility Study Report for Guangdong LNG Project was endorsed by government. |
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After international bidding, Guangdong LNG chose Northwest Shell Australia LNG Company Ltd. as the gas supplier and awarded it a 25 year contract securing an annual gas supply of 3.7 million tons. |
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Sixty-five percent of the imported LNG is used for power generation customers, while the remaining 35% is allocated to town gas customers Shenzhen, Dongguan, Guangzhou, Foshan and Hong Kong. The Guangdong LNG Project will play an important role in easing energy supply demands in large parts of Guangdong Province. Meanwhile, the supply of this clean and cost-effective energy to Guangdong and Hong Kong would result in a cleaner environment across the region.
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Guangdong LNG Terminal and Trunkline Project constructed and managed by Guangdong Dapeng LNG Company Ltd. is the core project of Guangdong LNG Project. Phase I of Guangdong LNG Project consists of 14 interrelated projects with independent legal entities, with total investment of over RMB 30 billion. |
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