CNOOC’s Binhai LNG import terminal gets 30th cargo

China National Offshore Oil Company (CNOOC) has received the 30th cargo of liquefied natural gas at its Jiangsu-Binhai LNG import terminal since September last year.

The 2020-built 174,000-cbm LNG carrrier, GasLog Wales, delivered the shipment of some 70,000 tonnes to the terminal in Yancheng Binhai Port Industrial Park on August 18, according to a statement by CNOOC Gas & Power, a unit of CNOOC.

Its AIS data provided by VesselsValue shows that the LNG carrier, owned by GasLog and chartered by Jera Global Markets, delivered the cargo from the Freeport LNG terminal in the US via Egypt’s Suez Canal.

Including this shipment, the Jiangsu-Binhai LNG import terminal has now received more than 2 million tonnes of LNG since September 2022, CNOOC Gas & Power said.

This is equivalent to about 2.85 billion cubic meters of natural gas, it said.

Based on the daily gas consumption of residents in Jiangsu province, this is enough to supply gas to the people of the province for about 7 months, CNOOC Gas & Power said.

The Jiangsu-Binhai LNG terminal received its 15th cargo and more than 1 million tonnes of LNG in May this year, while LNG producer Qatargas, a unit of QatarEnergy, delivered the first LNG cargo on September 26, 2022.

The terminal currently has a nominal capacity of three million tonnes of LNG per annum and can receive vessels with a capacity of between 80,000 cubic meters and 266,000 cubic meters.

It has four 220,000-cbm LNG storage tanks, while CNOOC is adding six giant 270,000-cbm LNG storage tanks as well.

These are the world’s largest LNG storage tanks, according to CNOOC.

Combined, these ten tanks will have a total capacity of 2.5 million cubic meters, forming the largest LNG storage base in China, CNOOC previously said.

Most Popular

Golar moving forward with new FLNG order

Floating LNG player Golar LNG is moving forward with its plans to order its fourth FLNG conversion. In order to secure "attractive" delivery, Golar plans to enter into slot reservations for long-lead equipment within the third quarter of this year.

Seapeak books $19.3 million charge as it lays off seafarers on steam LNG carriers

Stonepeak’s Seapeak booked $19.3 million of restructuring charges in the second quarter of this year, primarily due to laying off its Spanish seafarers working on steam LNG carriers.

Seatrium, Karpowership ink new FSRU conversion deal

Singapore’s Seatrium will convert more LNG carriers into floating storage and regasification units for Turkiye's Karpowership under a new letter of intent revealed on Thursday.

More News Like This

GasLog Partners, Excelerate wrap up $27 million LNG carrier deal

GasLog Partners, a part of Greek LNG shipping firm GasLog, has completed the sale of a 2007-built steam liquefied natural gas carrier to US FSRU player Excelerate Energy.

Excelerate buys GasLog LNG carrier

US FSRU player Excelerate Energy has purchased a 2007-built steam liquefied natural gas (LNG) carrier from GasLog Partners, a part of Greek LNG shipping firm GasLog, according to brokers.

GasLog: 12 LNG carriers scheduled for drydocking this year

Greek LNG carrier owner GasLog expects 2025 to be its busiest year for repairs, with a total of 12 vessels scheduled for drydocking maintenance, spread in shipyards worldwide.

GasLog, Jiangnan ink LoI for LNG carrier duo

China’s Jiangnan Shipyard has signed a letter of intent with Greek LNG shipping firm GasLog to build two liquefied natural gas (LNG) carriers, according to shipbuilding sources.