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However as CHEC has no experience in building oil terminals, authorities recently decided to award the project to HQCEC. Furthermore CHEC is reported to have requested HQCEC to undertake the project as a subcontractor.
That is why recently it was decided to request HQCEC to go ahead on basis of this urgency.
Earlier CPC anticipated go for open international bidding for the Phase Two of the Aviation Fuel Terminal, based on the initial design of HQCEC.
CNPC's HQCEC, previously a chemical design firm, took on the role as China's leading LNG engineering and construction company.
Reuters quoted Michael Gai, oil and gas business manager with US engineering firm Black & Veatch, a firm active in Chinas mini-LNG business, as saying: "The test would come this year when HQCEC completes the Ansai plant Its success means the rise of Huanqiu as a competitor to us".
"The test would come this year when HQCEC completes the Ansai plant C* Its success means the rise of Huanqiu as a competitor to us," said Michael Gai, oil and gas business manager with U.S.
(HQCEC)'s acquisition of 19.9% of total issued shares in Australia's Liquefied Natural Gas (LNG) Ltd.
Looking ahead, HQCEC could exploit increased management influence through the acquisition to explore the potential for partnerships with other companies in which LNG Ltd has a stake, such as Oil Basins Ltd.
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