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Located in Guangdong in South China, the Dongguan LNG terminal has a capacity of 1.5 mtpa.
The facility features a jetty that can receive mid-size carriers and two LNG tanks, each with a capacity of 80,000 cbm.
Jovo, which also owns LNG carriers, said the opening of the terminal for third-party access will provide customers with various services to help diversify the region’s energy supply.
The terminal will provide a subscription window service to ensure the safe and efficient receiving and unloading of LNG shipments and tankers, as well as provide services such as storage and regasification.
Moreover, the facility will offer storage capacity across seasons and months for Jovo’s end-users.
In addition, Jovo said it can also provide LNG purchasing services through the international market to help customers reduce procurement costs.
Jovo said this win-win cooperation model would help the economic development of China’s Guangdong-Hong Kong-Macao Greater Bay Area.
It said that by opening the LNG receiving terminal to the public, Jovo expects to attract more natural gas end-users and reduce costs.
China is the world’s largest importer of LNG.
The country received 76.65 million tonnes of LNG in 2024, a rise of 7.7 percent year-on-year.
This compares to 71.32 million tonnes in 2023, which marked a rise of 12.6 percent year-on-year.
LNG imports in 2024 were lower than 78.93 million tonnes in 2021, which marked a new record high due to rising demand from the power generation and industrial sectors.