PetroChina International, a Chinese oil and gas company, has taken the first of three liquified natural gas (LNG) tankers from China’s Hudong-Zhonghua Shipbuilding Group.
The vessel has capacity for 174,000 m3 of LNG and cost $600 million (€597 million). It is one of three that were ordered in 2020 as part of the joint venture between PetroChina International, Shanghai LNG and Cosco Shipping Energy Transport Co. Ltd.
‘Under the complex global environment, owning your own shipping capacity has become increasingly important,’ says Wu Junli, president of PetroChina International.
