CNOOC Plots Tianjin LNG Terminal Expansion

Maritime Activity Reports, Inc.

June 1, 2018

© Anatoly Kolodey / Adobe Stock

© Anatoly Kolodey / Adobe Stock

CNOOC will start building six liquefied natural gas (LNG) storage tanks by the end of the year as part of a project to expand its Tianjin LNG terminal to help meet surging demand from households in northern China, CNOOC Gas and Power Group said in statement on Wednesday night.

The project, including six tanks each with 220,000 cubic meters of storage capacity, 12 gasification units and 12 high pressure pumps, has been approved by CNOOC's board members, the company said.

The new facilities are expected to start operating in 2022.

CNOOC's Tianjin terminal is expected to have 7.25 million tonnes of annual LNG processing capacity by 2030, up for 3.21 million tonnes in 2018.

(Reporting by Meng Meng and Aizhu Chen; Editing by Joseph Radford)

Maritime Reporter Magazine Cover Jan 2019 - Ship Repair & Conversion: The Shipyards

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News