Asia/Pacific News
Zhoushan's New Bonded LNG Storage Tank Receives First Cargo
China's Zhoushan has received the first cargo at its new bonded LNG bunker storage tank, which has a capacity of 160,000 m3.
The LNG carrier, Asian Excellence, delivered about 67,000 mt of LNG to the facility on Sunday, media outlet China Daily reported on Tuesday.
The delivery marks a significant milestone, officially launching operations at Zhoushan's first bonded LNG storage facility.
Ship & Bunker had previously reported that the tank passed inspection tests in April.
The stored LNG can be either re-exported or sold into the domestic market upon payment of tax.
Additionally, LNG-powered vessels can bunker directly from the facility.
The development is expected to provide a significant boost to Zhoushan's ambitions of becoming a regional LNG bunkering hub.
