CNOOC: world’s largest LNG storage tanks taking shape

China National Offshore Oil Company (CNOOC) continues to make progress on six giant LNG storage tanks at its Binhai LNG import terminal in Jiangsu.

CNOOC’s gas and power unit said in a statement that it has completed concrete pouring on the first layer of the outer tank walls.

This follows concrete pouring on six 100.6 meters long foundations for the world’s largest LNG storage tanks.

Once complete in 2023, the height of the outer tank wall for each of the six tanks would reach about 50.8 meters, according to CNOOC.

Each of the tanks will have a capacity of 270,000 cbm and will add to the already four existing tanks with a capacity of 220,000 cbm located in Yancheng Binhai Port Industrial Park.

CNOOC independently developed and designed the ultra-large tanks.

Following completion of this expansion phase, the company said the Binhai receiving terminal would have an annual LNG processing capacity of 6 million tons per year, and would become one of the largest LNG storage bases in China.

CNOOC is also planning a second stage of expansion to build ten more 270,000-cbm LNG storage tanks, it previously said.

Most Popular

Abaxx sees significant volume growth in its LNG futures

Abaxx Commodity Futures Exchange, a wholly owned subsidiary of Abaxx Technologies (CBOE:ABXX) has seen significant volume growth in its physically deliverable LNG futures during the past summer months, according to Abaxx Exchange Chief Commercial Officer Joe Raia.

Another steam LNG carrier sold for demolition

An NYK-managed steam liquefied natural gas (LNG) carrier has been sold for demolition, according to brokers.

GTT develops new LNG fuel tank

French LNG containment giant GTT has developed a new cubic-shaped LNG fuel tank for commercial vessels, with a particular focus on LNG-fueled container vessels.

More News Like This

China’s CNOOC hits new Zhuhai LNG milestone

China National Offshore Oil Company (CNOOC) has reached a new milestone at its Zhuhai LNG import terminal in Guangdong.

CLP, CNOOC wrap up largest LNG bunkering op in Hong Kong

Hong Kong's CLP and China National Offshore Oil Corporation (CNOOC) have completed what they claim is the largest single LNG bunkering operation in Hong Kong to date and the city‘s first ship-to-ship LNG bunkering with simultaneous cargo handling.

Hudong-Zhonghua launches LNG carrier

Chinese shipbuilder Hudong-Zhonghua has launched one 174,000-cbm liquefied natural gas (LNG) carrier it is building for NYK and CNOOC.

CNOOC’s Binhai LNG terminal gets 100th cargo

China National Offshore Oil Company (CNOOC) has received the 100th cargo at its giant Binhai LNG import terminal in Jiangsu.