GREY:ADEXF - Post by User
Comment by
hundredvanities1on Apr 08, 2012 7:01am
210 Views
Post# 19769403
RE: LNG & the Chinese
RE: LNG & the Chinese China currently has 3 LNG regasification (receiving) terminals. The Shanghai LNG terminal cost US $900 million, while the Fujian terminal cost a whopping US $3.4 billion:
https://www.hydrocarbons-technology.com/projects/shanghai-lng/
https://projects.szenergy.biz/projects_22.html
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An LNG solution, because of the massive capex required, is not a credible solution for Roche Bay. XinXing won't even give AXI enough money to complete their DFS (AXI needed $20 million for the feasibility study budget, XinXing gave them a $5 million loan), why the heck would they be pushing for a billion dollar energy project?