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Guangdong LNG terminals plan to add 12 new storage tanks

Source: Mysteel Apr 07, 2023 08:24
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Natural Gas Capacity Company Demand

There are six LNG terminals under operation in South China's Guangdong province, and five of them have planned storage tanks to be built or under construction, as there is huge development space for future industrial and residential natural gas consumption in the province, learned from OilChem.


New LNG storage tanks proposed or in construction (Unit: cubic meters)

Terminal

Capacity

Production Time (E)

Remarks

CNOOC Guangdong Dapeng LNG Terminal

1*200,000

Uncertain

Government filing stage

CNOOC Guangdong Dapeng LNG Terminal

1*270,000

Uncertain

Government filing stage

JOVO Dongguan LNG Terminal

Replace oil tanks with storage tanks

Uncertain

Feasibility study phase

CNOOC Zhuhai Jinwan LNG Terminal

5*270,000

H1 2024

 

PipeChina Jieyang LNG terminal

3*200,000

Uncertain

Expected to commence construction in 2023

Shenzhen LNG Terminal

2*160,000

End 2025

Hold commencement ceremony in December 2022

Shenzhen Diefu CNOOC LNG Terminal

/

/

No new locations available

Source: OilChem


According to Guangdong 14th Five-Year Plan, by 2025, Guangdong province is targeting urban gas penetration rate to achieve more than 99% and pipeline natural gas penetration rate to reach over 70%, with natural gas consumption to climb to 20 billion cubic meters and above. At the same time, total mileage of urban natural gas pipelines will reach more than 68,000 kilometers to achieve basic coverage, and LNG storage capacity of urban gas enterprises should get to 2.23 million cubic meters and above (liquid state), including current 665,600 cubic meters capacity and planned 1.57 million cubic meters capacity.


At present, Guangdong had a receiving capacity of 18.4 million t/y, accounting for 16.52% of China's total. Meanwhile, LNG import volume of Guangdong province was 18.55 million tonnes in 2022, occupying 29.75% of total imports in China, data from OilChem showed.


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

 

 

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