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Beijing to Set Up 2nd Natural Gas Storage to Import LNG(SinoCast Via Thomson Dialog NewsEdge)BEIJING, Jan 23, 2006 (SinoCast via COMTEX) --Beijing plans to build its second natural gas storage to increase the supply rapidly and stably, said Beijing Municipal Administration Commission (BMAC). Chen Wenzhan, head of BMAC, cites that Beijing is considering the possibility of importing liquefied natural gas (LNG) from foreign countries. Moreover, the city will make a sweeping investigation on the working performance of its underground networks and work out a plan to upgrade the pipelines one section after another. Notably, Beijing, the capital of China, had suffered from tight supply of natural gas in 2004, but the city has begun enhancing its supply capacity ever since. China has built up two pipelines from oil & gas fields in Shaanxi to Beijing and expanded the capacity of Beijing's standby storage in Tianjin. Besides the scheduled second natural gas storage, liquefied natural gas supply will greatly grow if Beijing could obtain some from foreign countries by 2010. From www.thebeijingnews.com, Page 1, Friday, January 20, 2006 [email protected] |