BEIJING, Aug. 8 (Xinhuanet) -- The Indonesian Tagguh gas field has been
selected as the gas supplier for China's second LNG (liquefied natural gas)
import terminal to be constructed in east China's Fujian Province.

　　China National Offshore Oil Corporation (CNOOC), which had presided over
bidding for the Guangdong LNG terminal, announced here Thursday that after its
negotiations with BP, the Tagguh gas field was picked as the gas supplier for
the Fujian terminal on the condition that BP and Indonesia kept the terms they
promised when bidding for the Guangdong LNG project.

　　The Fujian LNG terminal, a joint investment by CNOOC and the Fujian
Investment & Development Co.,Ltd, will be built in the Meizhou Gulf. CNOOC
will take up 60 percent of the total investment. Construction of the first phase
will start in 2004 andthe terminal will begin operating in 2006. The handling
capacity of the first phase is due to reach 2.5 million tons of LNG per year.
Enditem