GTT’s membrane tech to support PipeChina’s upcoming LNG projects
GTT's membrane tech to support PipeChina's upcoming LNG projects - Offshore Energy
GTT’s membrane tech to support PipeChina’s upcoming LNG projects
French LNG containment specialist GTT and PipeChina Innovation, a subsidiary of the state-owned PipeChina Group, have signed a cooperation agreement on GTT’s membrane technology for PipeChina’s upcoming LNG projects.
The agreement was signed on the occasion of the visit of French President Emmanuel Macron to Beijing, China, in the presence of Chinese President Xi Jinping on 6 April.
The parties agreed on the evaluation and further promotion of GTT’s GST® Membrane Full Containment tank technology for PipeChina’s upcoming LNG projects.
PipeChina Group is currently operating seven LNG receiving terminals in China and three newbuilding LNG projects are under construction.
Jianhua Qi, Chairman of PipeChina Innovation, declared: “We are very pleased to materialise the collaboration with GTT during this presidential visit. We are keen to conduct an in-depth evaluation of their state-of-the-art membrane technology for LNG onshore storage for further adoption on PipeChina LNG projects. We look forward to a greener and more sustainable LNG storage.“
Adnan Ezzarhouni, General Manager of GTT China, said: “We are extremely pleased that PipeChina has placed its trust in GTT through this collaboration. Following the successful deliveries of onshore tanks for Huagang Gas peak shaving project in Hejian, as well as Phase I for Beijing Gas Tianjin Nangang project, we are confident that our collaboration with PipeChina Innovation will enable us to continue providing our state-of-the-art solutions to support PipeChina’s upcoming LNG terminal projects.“
Related Knowledge Center: Liquefied natural gas
Driven by plentiful natural gas produced from shale plays, the United States began exporting liquefied natural gas in 2016 when the Sabine Pass terminal in Louisiana opened and shipped its first cargo. Since then, additional capacity, or trains, have been added to Sabine Pass, and terminals have become operational in Cameron Parish, La.; Hackberry, La.; Cove Point, Md.; and Corpus Christi, Texas. The Energy Information Administration projects that U.S. LNG export capacity will reach 8.9 billion cubic feet per day (Bcf/d) by the end of 2019, making it the third largest in the world, behind Australia and Qatar. The tariff war with China has the potential to impact some final investment decisions for additional terminals in the coming months.