CNOOC Opens Its 10th LNG Receiving Terminal
08.03.2018 - NEWS

August 3, 2018 [LNG World Shipping] - China National Offshore Oil Corp (CNOOC) has commissioned its 10th LNG receiving terminal, at Shenzhen in southern China's Guangdong province, with the delivery of a 90,000-tonne cargo of Qatari LNG by the 216,000 m3 Q-flex LNG carrier Al Kharsaah. The gas will be used to supply power plants in Guangdong province.


The Shenzhen LNG facility is China’s 20th LNG receiving terminal. The country’s LNG imports continue to soar, as the government’s programme of substituting coal with clean-burning natural gas continues to gain ground. China’s H1 2018 LNG imports totalled 23.8M tonnes, a 50% jump on the same period a year ago.

The Shenzhen terminal has four 160,000 m3 storage tanks and a marine jetty capable of accommodating LNG carriers up to the 266,000 m3 Q-max size. The facility, which complements Dapeng LNG as CNOOC’s second terminal in the Shenzhen region of the Pearl River Delta, has the capacity to handle up to 4 mta of LNG.

CNOOC’s 10 LNG receiving terminals comprise nine large import facilities and the small Fangchenggang distribution centre near the Vietnam border. The import terminals can handle up to 33.8 mta of LNG, representing 56% of China’s receiving capacity and making China the third-largest LNG importer.

CNOOC has imported 120M tonnes of LNG since Dapeng LNG, the country’s first import terminal, was commissioned in 2006. Dapeng has handled 50% of that traffic.

CNOOC has plans to further expand its LNG terminal network, with new facilities in Fujian, Jiangsu and Zhejiang provinces. In May 2018 the energy company gave the green light to a project to build its 10th major import terminal, at Longhai City near Zhangzhou in Fujian province. The 3 mta facility, with three 160,000 m3storage tanks, is due for completion in late 2021.

Also in May 2018, CNOOC decided to augment its existing Tianjin installation in northern China by constructing six 220,000 m3 storage tanks and providing additional regasification equipment. When the project is complete in 2022, CNOOC’s Tianjin terminal will be able to process 7.25 mta of LNG, up from an expected 3.2 mta this year.     

—————————-

TankTerminals.com – Research, Market and Expand Your Presence within the Tank Storage Industry. Learn more.

Union Minister for Petroleum & Natural Gas Launches IndianOil’s ETHANOL 100, a Revolutionary Automotive Fuel
03.19.2024 - NEWS
March 19, 2024 [IOCL]- Mr. Hardeep Singh Puri, Union Minister for Petroleum & Natural Gas and... Read More
Rashmi Govil Takes Over as Director (HR), IndianOil
03.19.2024 - NEWS
March 19, 2024 [IOCL]- Ms. Rashmi Govil has taken charge as Director (Human Resources) at Indian ... Read More
Rubis Enters into Exclusive Negotiations with I Squared Capital for the Sale of its 55% stake in the JV Rubis Terminal
03.16.2024 - NEWS
March 16, 2024 [Rubis]- Rubis today announces it has entered into exclusive negotiations with I S... Read More
Bullish On Oil? Look Beyond Exxon Mobil for Bigger Gains
03.16.2024 - NEWS
March 16, 2024 [Seeking Alpha]- Summary   Exxon Mobil has a history of underperforming its ... Read More