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SZ Energy Companies: Catalog of China Companies in Oil, Gas & Petrochemical Industry
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Guangdong Dapeng LNG Company Ltd
Address:Floor 10-11 Times Financial Center, 4001 Shennan Road, Futian District, Shenzhen, Guangdong Province.
Phone: +86 755 3332 6888
Fax: +86 755 3332 6887
Website: http://www.dplng.com/
Guangdong Dapeng LNG Company Ltd
Business Summary

Guangdong Dapeng LNG Company Ltd. is a Sino-foreign joint venture energy company, established in February 2004. It is the construction and operation entity of Guangdong LNG Terminal and project.   
 
Company Profile

Business scope
 
Purchase (import), transportation, storage and re-gasification of LNG; Sales (transmission) of natural gas and its by-products to Pearl River Delta and other areas; Construction and management of LNG reception terminal, gas pipeline and other additional extended facilities; Charter, lease and operation of LNG carrier; LNG purchase, sale and relevant business inside or outside the country.
 
Achievement 
 
The company received LNG from Australia successfully as per Gas Purchase Contract since it has been put into operation on September 28, 2006, and steadily sold to customers as per sales contracts. The sales amount in 2007 is RMB5.59 billion. Besides, the spot cargoes have been purchased successfully from international LNG spot market and have been additionally supplied to customers with Phase I sales contract and newly added customers beyond Phase I sales contract. The company will increase the spot trade quantities in succession, based on market demand and circulation capacity of facilities.
 
Gas source as per long-term contract of Project Phase I 
 
Natural gas comes from Northwest Shelf Australia LNG Venture.

Main operation method of Project Phase I
 
In a way that LNG is imported from abroad, then stored, re-gasified, compressed and distributed to special customers through long gas pipelines, and sold through truck loading station additionally.
 
Current Organization Chart for the operation Period 
 
The president takes the responsibility of company management under the leadership of the Board of Directors. At present, the company has more than 300 Chinese and foreign employees in total.

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