Kunlun Energy Co. Ltd (Kunlun)’s goal of becoming a major liquefied natural gas (LNG) supplier in the province of Shandong and east China have taken another step forward with completion of four LNG filling stations. By the end of 2012, the company plans to start the construction of six LNG filling stations along the highway service area in Wudi, Taishan and Laiwu. Over the next five years, 90 LNG filling stations are planned.
Kunlun signed a strategic cooperation agreement with Shandong’s Department of Transportation, in August 29011, that sought to expand clean energy supply under China’s 12th Five Year Plan. The agreement seeks to implement LNG supply along highways and waterways for land and water transportation powered by natural gas.
In July this year, the Jinan arm of Kunlun purchased a 70 percent stake of a joint venture (JV) liquefied natural gas (LNG) plant in neighboring Tai’an City. The company also began pre-commision checks of its sixth LNG plant, located in Yan’an City, Shaanxi Province. Kunlun’s rapidly expanding liquefaction operations coupled with its planned 1,515 LNG refilling stations position the company to become China’s largest LNG player in coming years, reports interfax China.
(This article primarily compiled using information from a Kunlun Energy Co. Ltd press release)