China LNG supply likely to grow 10% in 2023

China's LNG supply could increase by approximately 10% in 2023, from 82.3 million tonnes in 2022, data from OilChem showed.

To be commissioned LNG terminals in 2023 (Unit: million t/y)

Project	Region	Estimated Production Time	Total Future Capacity
Wenzhou LNG Terminal (under construction)	East China	2023	10
Wenzhou Huagang LNG Terminal's Phase I 3 million t/y Project	East China	Phase I in March 2023	10
Xintian Tangshan LNG Terminal (Phase I has been completed but not put into operation)	North China	Phase I in 2023	12
Zhejiang Jun'an Energy's Damaiyu Energy - LNG Transit Storage and Transportation Project	East China	June 2023	6
Tianjin Nangang LNG Terminal (Phase I has been completed but not put into operation)	North China	2023	5
Longkou Nanshan LNG Storage Project	North China	2023	20
Sinopec Longkou LNG Terminal	North China	October 2023	20
PipeChina Tianjin Nanjiang LNG Terminal	North China	Phase II in September 2023 Phase III in 2026	A total of 12
Sinopec Tianjin LNG Terminal (Phase II under construction)	North China	October 2023
Guangzhou LNG Peak-shaving Terminal (proposed Phase II project)	South China	June 2023	3
Zhangzhou LNG Terminal	South China	2023	6.4

Source: OilChem

Among those new and expanded terminals showed above, about 34 million t/y of new capacity is scheduled to be commissioned in 2023, with a half likely to come into stream in the first half of 2023. By the operation of these terminals, long-term LNG import contract volumes will increase by 7.655 million tonnes or 10% in 2023, accounting for about 10% of current undergoing long-term contracts, learned from OilChem.

To be commissioned domestic LNG plants in 2023 (Unit: '000 t/y)

Project	Location	Gas Type	Capacity
Guanghui Energy's Shan Shan LNG Plant	Xinjiang	PNG	200
Xinjiang Dexin Gas	Xinjiang	PNG	200
Hami Hongtong Energy's LNG Project	Xinjiang	PNG	200
Bazhou Hongtong Energy's LNG Project	Xinjiang	PNG	200
Hami Jurong Energy Gas's LNG Project	Xinjiang	PNG	400
Xinjiang Xinjingteng Petrochemical's LNG Project	Xinjiang	PNG	70
Ningxia Changming Natural Gas Development's LNG Project Phase II	Ningxia	PNG	140
Jiaxian Hongyuan Natural Gas's LNG Project	Shaanxi	PNG	480
Chongqing Bojie Energy's LNG Project Phase II	Chongqing	PNG	70
Etuokeqianqi Kesi Oil and Gas Chemical	Inner Mongolia	PNG	200
Inner Mongolia Tianlifeng Natural Gas Industry Chain Project	Inner Mongolia	PNG	200
Shanxi Fengbai Energy Yonghe LNG Liquefaction Peak Shaving Project	Shanxi	PNG	200
Inner Mongolia Huiteng Energy and Chemical Coal-to-gas Project	Inner Mongolia	Coal-to-gas	600
Ordos Hongji Yitai Energy Phase II Project	Inner Mongolia	PNG	340

Source: OilChem

As for domestic LNG plants, according to OilChem, there are 14 new LNG plants to be commissioned in 2023, with a total capacity of 3.5 million t/y. Based on a 50% operating rate, domestic LNG supply will increase by 1.75 million tonnes in 2023, accounting for 10% of total domestic LNG production in 2022.

Written by Sunny Fang, fss@oilchem.net
Edited by Navy Liu, navy@oilchem.net