China launched an expansion of its liquefied natural gas terminal in Shanghai’s Yangshan port, with total investment of about 17 billion yuan ($2.37 billion), state media reported on Monday.

The project includes a new 150,000-tonne LNG ship berth and storage capacity of 3.1 million cubic metres, nearly 3.5 times the capacity of existing storage tanks, added the report.
Source: Reuters (Reporting by Dominique Patton; Editing by Kim Coghill)