CCCC Second Harbor Bags Tianjin LNG Contract (China)
- Business & Finance
On December 7, CCCC Second Harbor Consultants Co., Ltd. won the bid for the preliminary design and geological survey of terminal and land forming works of Sinopec Tianjin LNG project, with a contract value of 16 million yuan.
Located on the end of the east basin of Dagang zone, Tianjin Port, the project has a Phase 1 annual handling capacity of 3 million tons of LNG and a Phase 2 annual handling capacity of 12 million tons. With a total investment of 1.76 billion yuan, the terminal and land forming works won this time involve an LNG berth, a working vessel berth, corresponding auxiliary facilities, etc.
After going into operation, the project will ease gas strains in Beijing and Tianjin and play a significant role in meeting clean energy demands in the Bohai-Rim region and promoting regional economic and social development.
Press Release, December 28, 2012