Jiangyin LNG Terminal (Zhongtian Energy)

From Global Energy Monitor
This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor.
Sub-articles:

Jiangyin LNG Terminal (中天能源江阴LNG接收站) is a proposed LNG terminal in Jiangsu, China. As of 2021, it has been shelved by the local government until 2024.[1]

Location

Loading map...

Project details

  • Owner: Jiangsu Honghai Energy Co., Ltd. 江苏泓海能源有限公司
  • Parent company: Qingdao Zhongtian Energy Group Co., Ltd. 50.03%, Yingtan Tianbo Hongsheng Investment Center (Limited Partnership) 19.98%, Zhang Yang 12.99%, Huaxin Century Investment Group Co., Ltd. 10.01%, Wuxi Harbor Energy Co., Ltd. 6.99%.[2]
青岛中天能源集团股份有限公司 50.03%
鹰潭市天博弘盛投资中心(有限合伙) 19.98%
张阳 12.99%
华新世纪投资集团有限公司 10.01%
无锡港湾能源有限公司 6.99%
  • Location: Jiangyin, Wuxi, Jiangsu, China
  • Coordinates: 31.947133, 120.014817 (exact)
  • Capacity: 2 mtpa
  • Status: Shelved
  • Type: Import
  • Start year: 2024
    • Originally 2018, then 2021

Background

Jiangyin LNG Terminal is a proposed 2 mtpa LNG import terminal in Jiangsu, China. It was proposed by Zhongtian Energy and was planned for operation in 2018.[3]

In August 2018 it was reported that construction of the first storage tank was complete.[4]

The parent company Zhongxing Tianheng Energy Technology (Beijing) Co., Ltd. Changed its name to Zhongxing Tianheng Energy Technology (Beijing) Co., Ltd. in October 2019.[5]

The company complained that the local government breached the contract, causing a delay in construction.[6] The local government didn't appear to have responded. The project was planned to operate in 2021.[6][7]

In 2021, the project was shelved by the local court for three years, with constructions to restart in 2024.[1]

The Parent company Zhongxing Tianheng Energy Technology (Beijing) Co., Ltd., was delisted in July 2022. The sponsor company of this project was put for auction. The project was reportedly 99% completed. [8]

In January 2023, the operating company Jiangsu Honghai Energy Co., Ltd. was ordered by the court to enter the bankruptcy and reorganisation. No final result comes out as of February 2024.[9][10]

Articles and resources

References

  1. 1.0 1.1 "超50亿,江阴接收站混战!中天查封,嘉盛开工!内河真香?". www.hxny.com. Retrieved 2022-06-27.
  2. "江苏泓海能源有限公司-工商信息-满商公司网". www.gongsi.com.cn. Retrieved 2024-02-27.
  3. Zhongtian Energy: additional approval, LNG integration will accelerate the industrial chain, BBS.QQ.com, 23 June 2017
  4. 中天能源江阴LNG项目完成阶段安全检查, Sohu, Aug. 13, 2018
  5. "*ST中天(600856)公司资料_新浪财经_新浪网". vip.stock.finance.sina.com.cn. Retrieved 2021-04-08.
  6. 6.0 6.1 "地方政府不作为?中天能源召开媒体见面会,通报江阴接收站进展! - 江西省天然气集团有限公司". www.jxngh.com. 2020-08-12. Retrieved 2021-03-30.{{cite web}}: CS1 maint: url-status (link)
  7. "民企实践LNG接收站储运产业的机遇和挑战,泓海陈清兵一席谈". www.ishipoffshore.com. 2021-04-05. Retrieved 2021-04-08.{{cite web}}: CS1 maint: url-status (link)
  8. "独家|中天能源核心资产面临单独破产重整 3.3万名中小股东将难见"回头钱"?--每日经济新闻". finance.sina.com.cn. 2023-01-12.{{cite web}}: CS1 maint: url-status (link)
  9. sina_mobile (2023-01-12). "独家|中天能源核心资产面临单独破产重整 3.3万名中小股东将难见"回头钱"?". finance.sina.cn.{{cite web}}: CS1 maint: url-status (link)
  10. "优选托管机构保值核心资产,企业停摆十年再度启航_新华网江苏频道--来源:江阴市人民法院". js.news.cn. 2023-08-24.{{cite web}}: CS1 maint: url-status (link)

Related GEM.wiki articles

External resources

External articles