Country for PR: China
Contributor: PR Newswire Asia (China)
Friday, April 05 2019 - 23:29
AsiaNet
ENN Clean Energy Value Chain Makes Its Grand Debut at LNG2019
SHANGHAI, April 5, 2019 /PRNewswire-AsiaNet/ --

Themed around "LNG for a Sustainable Energy Future", the 19th International 
Conference & Exhibition on Liquefied Natural Gas (LNG2019) had its grand 
opening at Shanghai World Expo Exhibition & Convention Center on April 2nd, 
2019. ENN, a leading clean energy provider in China, presented a panorama of 
its full clean energy value chain at the event.

Photo - https://photos.prnasia.com/prnh/20190404/2424847-1-a

Using a minimalist and translucent booth design at the exhibition, ENN depicts 
the future of clean energy development and the vision of leveraging global 
partnership to drive industry innovation and upgrade.

Backed by the world's fastest growing LNG market, the Zhoushan LNG receiving 
terminal and a strong non-pipeline LNG storage and distribution network, ENN 
has been able to empower LNG suppliers at home and abroad to seamless connected 
to clients, and offers economical, clean, efficient, safe and reliable energy 
services with its advantages in resources, technologies, logistics and 
digitalization.

During the exhibition, Zhang Yesheng, CEO of ENN Group visited the booths of 
ENN's partners such as Chevron, Santos, CNOOC, Shenergy Group and had an 
in-depth exchange with their management teams. Kevin Gallagher, the CEO of 
Santos visited ENN's booth. Santos is an independent supplier of oil and gas to 
Asia Pacific and Australia. ENN has become the biggest shareholder of Santos 
through its strategic investment via ENN Ecological Holdings.

Photo - https://photos.prnasia.com/prnh/20190404/2424847-1-b

On April 4th, ENN CEO Zhang Yesheng delivered a keynote speech at LNG2019 
forum. "The fast growing LNG demand in China is consistently driven by the 
'coal to gas' policy, the requirement for quality industrial development and 
the call for actions to protect blue sky, clear water and clean soil," he said. 
"For a long period of time in the future, China will be the market with the 
highest LNG growth in the world."

Regarding the increasing reliance of China on LNG imports, Zhang Yesheng 
responded that the Zhoushan LNG receiving terminal would continually build up 
its capability of LNG receiving, storage, diversion and LNG bunkering, and 
align with LNG receiving terminals in Ningbo, Yangshan, Wenzhou and Rudong to 
form a LNG marine transport network serving the Yangtze River Delta and even 
the entire east China region. "China is at the center of global LNG 
development, and Zhoushan LNG receiving terminal will play an important role to 
link up the global resources with the Chinese market".

In October 2018, the Phase I project of ENN Zhoushan LNG Receiving Terminal, 
also the first large-scale LNG receiving terminal invested and operated by a 
private corporation in China, was completed and put into operation, with annual 
LNG throughput up to three million tonnes. The Phase II project has commenced 
and is expected to deliver annual LNG throughput of five million tonnes in the 
short-term and ten million tonnes in the future.

"We will gradually develop the Zhoushan Index, an LNG price index that can 
reflect the entire northeast Asia market. This will be made possible by our LNG 
marine transport network and the existing Zhoushan LNG trading market, Shanghai 
and Chongqing LNG trading centers, and by giving full play to our advantages in 
policies, geographical location, resources and industry chain", Zhang Yesheng 
noted.

The International Conference & Exhibition on Liquefied Natural Gas, presented 
by the International Gas Union (IGU), Gas Technology Institute (GTI) and the 
International Institute of Refrigeration (IIR), is the only LNG event conducted 
by the industry for the industry. With themes covering the entire value chain, 
it is called "The Olympics of the LNG industry". The LNG series of events 
started in 1968 and have been hosted by LNG importer and exporter countries in 
turn for every three years. It is the first time for this event to be hosted by 
China, and the 2019 LNG is the biggest LNG event ever held in China.

ENN takes LNG2019 as an opportunity to showcase its strategic layout and 
strengths in clean energy value chain and to seek recognition widely among its 
partners at home and abroad. Aiming at building a modern energy system, ENN 
will cooperate with all partners globally to achieve win-win results.

SOURCE: ENN Group

Image Attachments Links:

   Link: http://asianetnews.net/view-attachment?attach-id=333433

   Caption: Panorama of ENN booth at LNG2019

   Link: http://asianetnews.net/view-attachment?attach-id=333435

   Caption: ENN CEO Zhang Yesheng delivered a keynote speech at LNG2019 forum

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