Reportedly, the proposed JV would secure LNG supplies from Shell, and then market this LNG to a receiving terminal planned by GCL in Jiangsu province.
According to Reuters, GCL is currently planning three receiving terminals along the east coast of China: Yantai in Shandong province; Rudong in Jiangsu; and Maoming in Guangdong. In total, these three terminals will have an annual handling capacity of 14.5 million t.
