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China's CNOOC to add six LNG storage tanks at Binhai terminal

China’s biggest offshore oil and gas producer CNOOC Group will add 1.62 million cubic meters of storage capacity for LNG at its Binhai terminal in the eastern province of Jiangsu.

The expansion will consist of six tanks with storage capacity of 270,000 cubic meters each and construction is expected to be completed in 2023, according to a statement from State-owned Assets Supervision and Administration Commission of the State Council (SASAC).

The government of Henan, a province in central China, will invest in two of the tanks but CNOOC will operate them, in order to meet gas demand from both Henan and Jiangsu.

The cooperation between CNOOC and Henan government is the first time in China that a local government has invested in LNG infrastructure outside its administrative region, according to the SASAC statement.

The first phase of CNOOC’s Binhai LNG terminal is designed to receive 3 million tons of LNG a year and to have four storage tanks of 220,000 cubic meters each. It is expected to commence operation in 2021.

Reporting by Muyu Xu in Beijing and Chen Aizhu in Singapore; Editing by Christian Schmollinger


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GasPro 2.0: A Webcast Symposium

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Following the successful GasPro Webcast Symposium in October 2019, the third GasPro Webcast Symposium will take place on October 21, 2020.

The 2019 webcast drew attendees from around the world, with more than 80% of the audience working in company management or engineering divisions.

The 2020 web event will gather experts in the fields of LNG, gas processing and process safety to share market, operations and engineering technology and trends with our audience.

Attendees of the 2020 webcast will learn about market solutions and technology deployments in a number of areas: LNG delivery infrastructure, small-scale desulfurization for NGL, H2S removal for gas treating, process safety for safety instrumented systems, small-scale LNG project design, and advances in freeze component removal for LNG.

October 21, 2020 08:30 AM CDT

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