Sinopec's Shandong LNG terminal expansion wins provincial approval
Published by Joseph Green,
Editor
LNG Industry,
Reuters are reporting that Sinopec’s plan to expand its LNG terminal in east China’s Shandong province has won a green light from the provincial government.
The terminal, in the port city of Qingdao, will add two tanks each sized 160 000 m3, and will therefore have annual handling capacity of 7 million t.
Sinopec, a latecomer to the LNG business among state-run oil and gas companies, started operating the first phase of the Qingdao terminal at end-2014, with annual handling capacity of 3 million t.
The expansion is estimated to cost 2.3 billion yuan (US$337 million) and will take three years to build.
Sinopec operates two other terminals, one in Guangxi in the southwest and one in Tianjin, near Beijing.
Read the article online at: https://www.lngindustry.com/regasification/03082018/sinopecs-shandong-lng-terminal-expansion-wins-provincial-approval/
You might also like
Gasum’s bunkering vessel generates compliance for Gasum’s FuelEU Maritime pooling service
Gasum’s chartered LNG bunker vessel Kairos runs on renewable bio-LNG as a way to generate compliance as a service for Gasum’s FuelEU Maritime pooling customers.