Oil and gas giant China Petrochemical Corp, or Sinopec, has completed the re-gasification capacity expansion work for the second-phase of its liquefied natural gas (LNG) receiving terminal in Tianjin in northern China, marking a step closer in the completion of the country's largest-to-be LNG terminal.
Following the expansion, the LNG terminal's re-gasification capacity has increased to 45 million cubic meters daily, including the newly added daily capacity of 30 million cubic meters, which became operational on November 30.
Following the re-gasification expansion project that was accomplished 10 days before schedule, the terminal will continue with construction of LNG storage tanks and docks.
Once finished, its annual receiving and supply capacity will be 10.8 million tonnes and 13.6 billion cubic meters respectively, making it the country's largest LNG terminal, according to the company.
Currently, Shenzhen in Guangdong province has the country's largest LNG terminal, with a designed capacity of 4 million tonnes a year, operated by China National Offshore Oil Corp, also known as CNOOC.
Experts said the terminal's progress has furthered LNG development in China and its role as an important part of the country's natural gas supply system.
Driven by the country's commitment to environment protection, China registered fast growth in gas consumption and imports over recent years.
In 2018, China imported 54 million tonnes of LNG, accounting for about 60% of the total gas imports, data from the General Administration of Customs showed.
(Writing by Tian Zhang Editing by Tammy Yang)
For any questions, please contact us by email@example.com or +86-351-7219322.