Insight
China's new free-trade zone supports ENN's LNG ambitions
Report summary
On 1 April 2017, the Chinese government established Zhoushan district in Zhejiang province as a free-trade zone. The district is home to China’s third largest port, Ningbo-Zhoushan, and the free-trade zone's aim is to develop bulk commodity storage, transhipment and trading. This comes as welcome news to emerging LNG buyer ENN, which is currently building an LNG terminal in the district. Accompanying tax exemptions now mean ENN will have a competitive price advantage in marketing LNG when the Zhoushan terminal comes online in 2018.
Table of contents
- ENN’s marketing options improved
- Competition in LNG distribution market is heating up
- ENN cementing its position in China’s liberalising LNG market
Tables and charts
This report includes 2 images and tables including:
- Comparison of LNG supplies into Zhejiang
- Oil-linked LNG contract prices
What's included
This report contains:
Other reports you may be interested in
30 April 2020
Hainan - LNG regas terminal
Asset Report
Hainan - LNG regas terminal
Hainan LNG has a nominal capacity of 3.0 mmtpa. It is located near the Yangpu Economic Development Zone, on the northwestern coast of ...
$1,20027 June 2019
Pavilion Energy takes over Iberdrola's LNG business
Insight
Pavilion Energy takes over Iberdrola's LNG business
This move confirms a strategy shift at both companies, but also reflects different ambitions and views on the market
$95008 January 2021
China’s trucked LNG prices stage surprise rally
Insight
China’s trucked LNG prices stage surprise rally
What are the drivers of the price surge, measures taken and what to watch in early 2021.
$950
