|
Project Title
|
Liquified Natural Gas (LNG) Receiving Termination
and the Power Plants on Daxie Island
|
Cooperation
Form
|
Joint Venture or Cooperation
|
|
|
ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
|
The
scale of production: the receiving termination with the annual
capacity of 3 million tons, the gas trunk and two power plants
with their total installed capacity of 1.2 million kw.
The deep-water coastal line, 400 meters in length, is
required for the LNG receiving termination on Daxie island.
The receiving termination would cover an area of 60 hectares
with an investmant of US$400 million. On an area of 80 hectares,
the power plants would be made for an investment of US$ 1.5
billion. The project as a whole includes the pipe networks,
involving a total investment of US$2 billion. After completed,
it can provide the natural gas and electricity for Zhejiang
province and Shanghai as well as the East China area.
It is predicted to make 8.4 billion yuan in the annual
business income with the annual profit of 740 million yuan. |
Equipment Tobe Importedand Rawmaterials to Be Supplied
|
The
importation of main equipment and technology is required for
the receving termination and the LNG power plants. All liquified
natural gas is intended to be imported abroad. |
Estimated Investment and Benefit Analysis
|
Total
Investment
|
USD
2 billion
|
Registered
Capital
|
USD
700 million
|
Annual
Salesincome
|
RMB 8.4 billion
|
|
Investment Form of Foreign Partner
|
Annual
profit
|
RMB 740 million
|
|
Cash
|
Technology
|
Equipment
|
Brand
|
Others
|
Internal
Rateof
Recovery
|
15 percent
|
|
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|
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|
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|
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|
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|
Recovery
Periodof
Investment
|
9 years
|
Present Status of Chinese Partner(Current Ownership, Total
Assets and Fixedassets, Present Products and Sales, Present
Equipment Andtechnology and Facilities, etc.)
|
China International
Trust and Investment corp. would help the National Power Corp.
and Chinese Marine Petroleum Corp. in support of the preparatory
work for the LNG project on Daxie Island. Thus, the project
will serve for East China area as early as possible. |
|
Location Advantage
|
The
coastal line around Daxie Island measures 26 Km, including 10
Km deep-water coastline from 20 to 30 meters in depth. The depth
of water near the coastline can meet the demands for large and
ultra-large vessels to be berthed at the docks. The island covers
an area of 30.84 sq.Km, where the industry and storage area
is planned for 535 hectares. It is possible to construct the
large facilities for the receiving termination and power plants. |
|
Process of The Project
|
Submitted
to the higher authorities for approval |
Document
Savailable
|
The description
of project |
|
Chinese Partner to Contact
|
The Investment
Bureau of Ningbo Daxie ETD Zone |
Person to
Contact
|
Sun Senlin |
|
Address
|
Ningbo
Daxie ETD Zone, China |
Post Code
|
315812 |
|
Telephone
|
0086
- 574 - 86768458 86769227 |
Fax
|
0086
- 574 - 86768433 |
|
E-mail
|
citicdx@mail.nbptt.zj.cn |
Website
|
www.citic-daxie.com |
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