Northern New Energy eyes LNG storage solutions development

Northern New Energy tied with Tianjin Jinre Heat-Supply Group and Tractebel Engineering to cooperate on areas including development of LNG storage solutions. 

The contracts will see the company cooperate with its partners on researching construction of gas storage facilities and expand the capacity of existing storage tanks, including storage tanks of capacity more than 4,000 cubic meters.

In addition to LNG solutions, the three companies will cooperate, research and formulate comprehensive and feasible proposals for coal-to-gas conversion heating projects and improve the service of heating facilities and networks.

The parties will also join forces to research and formulate feasible proposals for efficient heating network efficiency management solutions, especially on saving natural gas.

Northern New Energy, Tianjin Jinre and Tractebel have agreed to jointly submit a feasible proposal regarding the scope of cooperation to relevant government agencies on or before September 30, 2018.