CNPC Begins Construction on Dalian LNG Terminal

BEIJING--May 8, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--China National Petroleum Corporation (CNPC) (Beijing) has begun construction on its Dalian liquefied-natural-gas (LNG) terminal to receive LNG from Australia and Qatar. The project is located in the heavy industrial region northeastern China in Liaoning Province. CNPC plans to invest $1.43 billion ($1 = 7 RMB) to build a port, the terminal and pipelines.