Good News! Consortium of CNASEC & Hangyang Group Awarded Cold Energy Utilization Project of Zhejiang Zheneng Wenzhou LNG Project
Release time:
2026-07-14
Recently, the consortium of China National Air Separation Engineering Co., Ltd. (CNASEC) and Hangyang Group Co., Ltd. has successfully won the bid for the EPC General Contracting Project of Cold Energy Utilization Works of Zhejiang Zheneng Wenzhou Liquefied Natural Gas (LNG) Project. As an important practice of the Company in the field of comprehensive new energy utilization, this project delivers targeted solutions to the bottlenecks restricting industrial cold energy utilization, and will continuously facilitate green and low-carbon development as well as the achievement of the "Dual Carbon" goals.
Deep Collaboration: Forging New Momentum for the Comprehensive Utilization of New Energy
LNG Receiving Terminal Site Plan
The Zhejiang Zheneng Wenzhou Liquefied Natural Gas (LNG) Project is located on Xiaomen Island, Dongtou District, Wenzhou City, Zhejiang Province. It is a key national project for interconnecting natural gas infrastructure, a priority initiative under the Yangtze River Delta Integration Strategy, and one of Zhejiang Province’s “Ten Major Projects.” Specifically, the cold-energy utilization EPC contract awarded to a consortium of China National Air Separation Engineering Co., Ltd. (CNASEC) and Hangyang Group Co., Ltd. covers a cold-energy air-separation unit, a waste-heat power generation system, together with associated utility and auxiliary facilities.
This project represents the first LNG cold energy comprehensive utilization project jointly undertaken by CNASEC and Zhejiang Zheneng Group. Upon completion, it will inject new impetus into industrial development and greatly boost CNASEC’s brand influence in the field of LNG cold energy utilization.
Forward-Looking Planning: Cutting-Edge Technologies Unlock New Value from Resources
LNG terminal pier
At present, global LNG cold energy utilization technology is undergoing accelerated iteration. The domestic industry is generally confronted with prominent challenges: LNG gasification and outbound transmission feature strong intermittency, which mismatches the sustained and stable cold demand of downstream industries. Drawing on decades of accumulated cryogenic technology and well-established experience in large-scale air separation EPC projects, CNASEC has gained sharp insight into the industry’s pain points, made advance planning and taken forward-looking layout in the comprehensive new energy utilization track.
Starting from the top-level planning of the project, CNASEC takes the efficient development and utilization of LNG cold energy as a core objective. Leveraging proprietary core technologies, the company has tailor-made an integrated solution of "gasification + comprehensive cold energy utilization" for the project. The solution maximizes the value of LNG cold energy resources, fundamentally creates added benefits for clients, and effectively addresses the mismatch between supply and demand as well as industrial coordination challenges.
Rooted in cryogenic expertise, marching toward a green future. This successful bid embodies CNASEC’s persistent dedication to advancing cryogenic technologies and tackling key issues in comprehensive new energy utilization. Upholding its mission to build a "first-class technology-based engineering company in China", CNASEC will further strengthen research and development of cutting-edge technologies, build a benchmark project for LNG cold energy utilization, and contribute its strength to expanding the landscape of comprehensive new energy utilization and writing a new chapter for green energy.
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