Portugal’s Sines LNG import terminal hits delivery record in 2022

The Sines LNG import terminal in Portugal has reached new yearly records in 2022, both in the number of received ships and in volumes, according to Portugal’s power and gas firm and operator of the LNG terminal, REN.

Over the year, the Sines LNG terminal unloaded 71 carriers, REN said in a statement, adding that all of these gas supplies were allocated for domestic gas consumption.

The previous record dated back to 2019, with 67 received ships, including two cool-down operations.

Moreover, the values of received energy also reached an all-time high of 63.33 TWh, surpassing the previous record, also from 2019, according to REN.

Each LNG carrier delivers about 145,000 cbm of LNG in Sines, enough to supply Portugal for a week, the firm said.

The LNG terminal is located in the industrial area of the Sines port, on the Portuguese Atlantic coast.

It has three LNG storage tanks with a total capacity of 390,000 cbm and a regasification capacity of 5.6 mtpa.

REN Atlantico operates the Sines LNG terminal which receives the fuel and stores it in the facility’s tanks for later regasification and injection into the transmission network.

Also, the company is responsible for the high-pressure transmission of natural gas and for the overall technical management of the national natural gas system under concession contracts signed with the Portuguese government until 2046.

European LNG terminals such as Gate in the Dutch Rotterdam port and Grain LNG in the UK also received record number of deliveries last year on the back of a high demand as countries in Europe look to replace Russian gas pipeline supplies.

Portugal’s neighbor Spain has also boosted its LNG imports as well as the number of reloads due to a high demand in Europe.

Most Popular

South Korea’s Samsung Heavy clinches another LNG carrier order

South Korean shipbuilding giant Samsung Heavy Industries has secured an order to build another liquefied natural gas (LNG) carrier for approximately $252 million.

Glenfarne expects Alaska LNG project to cost up to $54.5 billion

US energy firm Glenfarne expects both phases of the Alaska LNG project to cost up to $54.5 billion.

Cedar FLNG launched in South Korea

South Korea’s Samsung Heavy Industries has launched Cedar LNG's floating LNG production unit, which will be installed in Kitimat on Canada’s West Coast.

More News Like This

Atlantic LNG shipping rates drop this week

Atlantic liquefied natural gas (LNG) shipping rates dropped this week, while the Pacific rates rose slightly compared to the prior week, according to Spark Commodities.

Atlantic and Pacific LNG shipping rates continue to increase

Atlantic and Pacific liquefied natural gas (LNG) shipping rates continued to rise this week, with the Atlantic rates rising above $100,000 per day, according to Spark Commodities.

GECF: LNG imports dip in April

Global LNG imports in April dipped to the lowest monthly level since September 2023 due to LNG supply disruptions from Qatar and the UAE following restrictions on transit through the Strait of Hormuz amid the Middle East conflict, the Gas Exporting Countries Forum (GECF) said in its latest report.

Atlantic and Pacific LNG shipping rates up this week

Atlantic and Pacific liquefied natural gas (LNG) shipping rates rose this week compared to the week before, according to Spark Commodities.