Beijing has endorsed a proposal by China National Offshore Oil Corporation (CNOOC) to build a new import terminal at Shenzhen city in Guangdong province, writes Xu Yihe.
The National Energy Administration (NEA) has approved the company’s feasibility study for a 4 million tonnes per annum facility at Diefu on Dapeng Peninsula.
“This means that construction can start,” a well-placed government source said.
