Cnooc to expand Zhuhai LNG import terminal
The second phase of Cnooc Gas and Power’s 3.5mn metric tons/year Zhuhai LNG terminal has been approved by the Guangdong Provincial Development and Reform Commission, the company said on May 7.
In the second phase, Cnooc Gas and Power will double the processing capacity of the terminal to 7mn mt/year. The company will add five storage tanks, each with a capacity of 270,000 m3. Work is expected to start in June and the second phase is likely to come online in December 2023, Cnooc Gas and Power said. The terminal, located in Guangdong province, at present has three storage tanks, each with a capacity of 160,000 m3.
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The terminal has imported over 13mn mt of LNG since it became operational in November 2014. It processed over 900,000 mt of LNG in the three months to March 31, 2021 (Q1), up 89% year/year, Cnooc Gas and Power said last month. The terminal supplies gas to cities of Guangzhou, Hong Kong, Foshan, Zhuhai, Zhongshan, Macao and Jiangmen.
Cnooc Gas and Power, a unit of state-run Cnooc, operates nine LNG import terminals at Tianjin, Shanghai, Ningbo, Putian, Yuedong, Dapeng, Zhuhai, Hainan and Shenzhen.