Sinopec's Tianjin Terminal 2nd Phase Gets Approval
Sinopec November 1 said second phase of its Tianjin LNG import terminal received approval from the Tianjin Development and Reform Commission October 29.
In the second phase Sinopec plans to build five new storage tanks each with capacity of 220,000 m3 as well as gasification and external transportation facilities. Construction is due to start in March 2019 and likely to be finished by December 2021.
Late-September, Sinopec completed the construction of a third storage tank at the Tianjin terminal, marking the completion of the first phase of construction. In its first phase, the terminal's capacity is 3 million tons/year, can supply 4bn m3/yr gas to downstream customers in Beijing, Tianjin, Hebei and Shandong, and is expected to ease gas shortages in north China. The Tianjin LNG receiving station is connected with the Sinopec Shandong natural gas pipeline network.
The terminal began commercial operations in February with a cargo received from Australia. In addition to its Tianjin terminal, Sinopec operates two more terminals at Beihai and Qingdao. Late-October, Sinopec started work on the second phase of Qingdao import terminal in Shandong province.