China’s CNOOC Ningbo LNG terminal gets first cargo from Qatar

20 September 2012 06:49  [Source: ICIS news]

SINGAPORE (ICIS)--China National Offshore Oil Corp’s (CNOOC) Ningbo liquefied natural gas (LNG) terminal in Zhejiang has received its first cargo from Qatar mid-week, a company source said on Thursday.

The 94,000-tonne LNG cargo delivered to Zhejiang on 18-19 September is part of a term supply, the source said.

Trial runs are ongoing at the new LNG terminal, which is designed to handle 3m tonnes/year of LNG and is equipped with three 160,000 cubic metre storage tanks, the source said.

“We plan to start supplying LNG to the domestic market in October, after finishing unit tests at the terminal,” the source said.

LNG received at the terminal will be distributed to consumers by trucks, or through gas pipelines after re-gasification, the source said, adding that details on distribution have yet to be finalized.

CNOOC has postponed trial runs at the terminal twice from the original schedule in June because of weak demand, and as construction took longer than expected to complete.

As the largest LNG importer in China, CNOOC already operates other LNG terminals at three different locations – Shanghai, Fujian and Guangdong.

By: Rebecca Qian

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