In August 2013, Chongqing Fujiang Energy Technology Company (Fujiang Energy), a subsidiary of infrastructure company Fortune Oil, will commence operation of what is claimed to be the first LNG filling station on the Yangtze River, reports SinoShip. The company plans to expand its business of LNG vessel conversion and LNG filling.
Luo Cihua, general manager of Fujiang Energy, reportedly said the company has commenced planning for another four to five LNG refuelling stations, near Wuhan, Nanjing and Shanghai. The first LNG filling station has a storage volume of 2,000 cu m and is capable of filling 20 vessels every day.
Fujian Energy proposes to convert vessels without cost to large shipping companies, as part of a transition period to the new fuel, sharing financial benefits from reduced operating costs to partially offset their investment.