China building LNG terminal in Longkou

China Oil & Gas Pipeline Network Corporation (PipeChina) has started building a new 20-million tonne/year (tpy) LNG terminal in Longkou, Shandong Province.

The terminal, which includes 20 220,000-cu m storage tanks, will supply 28 billion cu m/year (bcmy) of natural gas to China’s markets.

PipeChina expects Phase 1 to enter service in 2023. The project is PipeChina’s first since forming in December 2019.

China National Offshore Oil Company is expanding storage at its Shanghai LNG terminal and both expanding storage and building a 156 km gas pipeline as part of its Rudong LNG Phase 3 project.

The pipeline will run to Anhui.

China Petroleum & Chemical Corporation and Zhejiang Energy Group Company Ltd are building a three-million tpy terminal in Wenzhou, Zhejiang Province.

The companies expect the terminal to enter service in 2021.

Source: Oil & Gas Journal