ENN Group to sew up LNG import deals by the end of this year

Private sector ENN Group plans to contribute to China's energy security by ensuring import of up to 2 million metric tons of liquefied natural gas per year.

Ma Shenyuan, vice-president of the group, told China Daily, "ENN will nail certain LNG supply agreements by the end of this year with an expected capacity of up to 2 million metric tons annually as a start, and gradually increase the volume according to market conditions."

ENN is the first Chinese private company authorized by the central government to build and operate an LNG import facility.