Putian LNG terminal project for Hanas

Putian, Fujian, in south eastern China is a large manufacturing zone and the Hanas Group and Fujian Putian city government have signed an investment agreement amounting to 11 billion yuan in a natural gas reserve base project. This is the largest investment in Fujian by a Ningxia enterprise.

The project includes a 600 million ton LNG terminal, wharf, pipelines, and tanker loading facility.

The project aims to create a national strategic natural gas reserve base, with Putian at the center, to contribute to economic development.

As the first coastal LNG terminal project for Hanas, this investment enables the company to further strengthen its dominant position in the LNG field, with a 15% market share of China’s LNG market.

As China’s LNG industry leader, Hanas delivers world-class technology, world-class facilities, world-class management, providing world-class natural gas services.

With sales of 2 million tons in recent years, expansion plans by Hanas include 200 LNG filling stations, 30 green energy promotion centers, and the signing in July of an investment agreement with the Zhuhai government for another LNG terminal. Two coastal terminals will provide Hanas with increased stability of LNG gas importation, and further consolidate its important role in the natural gas end-consumer market.