China’s CNOOC to start up Tianjin floating LNG terminal in November

12 March 2013 09:00  [Source: ICIS news]

SINGAPORE (ICIS)--China National Offshore Oil Corp (CNOOC) plans to bring on stream the country’s first floating liquefied natural gas (LNG) terminal at Tianjin in north China in November, a company source said on Tuesday.

CNOOC, which is China’s top LNG importer, postponed the initial start-up schedule from March to November, because of the longer-than-expected construction progress, the source added.

The terminal, which has an annual handling capacity of 2.2m tonnes, consists of one floating storage and regasification unit (FSRU), jetty facilities and gas pipelines, the source said.

The 145,000cbm FSRU will be provided by Paris-headquartered GDF SUEZ, which will also supply 2.6m tonnes/year of LNG to the terminal for four years,  the source said.

CNOOC also plans to build an onshore terminal with an annual capacity of 6m tonnes and four 160,000 cubic metre (cbm) storage tanks at the same site as the project’s second phase, the source added.

CNOOC has one operational receiving terminal in each of the following provinces: Guangdong, Fujian and Zhejiang.

Two other new LNG terminals are expected to come on line this year: a 3.5m tonne/year terminal in Jinwan and PetroChina’s 3.5m tonne/year terminal at Caofeidian in Hebei province.

By: Ricki Wang
+65 6780 4359

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