China to Build 60 New LNG Carriers by 2020

To meet goals set out in the Twelfth Five-Year plan, China should build up to 60 new LNG carriers worth $12 billion between now and 2020, according to SinoShip News.

Beside Hudong-Zhonghua, China will select a minimum of four shipyards to build these LNG carriers.

As SinoShip News says that the number of terminals in China will increase to 14 from the current 5 operating. There is an option for another 10 terminals after 2016, depending on demand.

[mappress]
LNG World News Staff, July 10, 2012; Image: TEPCO