China LNG Projects: An Overview of Legal and Regulatory Issues
Article from: OGEL 1 (2006), in Liquefied Natural Gas (LNG)
Introduction
LNG import terminal projects ("LNG projects") have been one of the fastest developing areas in China's energy sector. Last year witnessed the financial close of China's first LNG project, the Guangdong Dapeng LNG terminal and trunkline project, which will receive LNG from the North West Shelf project offshore Australia and is due to receive first gas in 2006. A second LNG import terminal in Fujian Province has also closed its financing, with LNG sourced from the Tangguh project in Indonesia. This development is largely attributed to China's policy of encouraging the ...