China’s CNOOC hits new Binhai LNG milestone

According to a statement by CNOOC Gas & Power, the 164,700-cbm LNG Fukurokuju has on August 9 unloaded 69,000 tons of Australian LNG at the “Yancheng Green Energy Port”.

The shipment cam from the ConocoPhillips-operated APLNG plant on Curtis Island, near Gladstone, its AIS data provided by VesselsValue shows.

This is the 77th delivery for the Binhai LNG import terminal, CNOOC Gas & Power said.

The total amount of LNG received and discharged volumes now has exceeded 5 million tons, which has added sufficient “backbone” for the energy supply of the Yangtze River Economic Belt, it said.

In August last year, CNOOC received the 30th cargo of LNG at its Jiangsu-Binhai LNG import terminal since September 2022.

LNG producer Qatargas, now QatarEnergy LNG, delivered the first LNG cargo on September 26, 2022.

Huge LNG storage capacity

CNOOC recently launched six Binhai LNG storage tanks each with the capacity of 270,000 cubic meters.

The tanks are about 65 meters high and have 100.6 meters in diameter.

These tanks add to the already four existing tanks with a capacity of 220,000 cbm.

CNOOC Gas & Power claims this is China’s largest LNG storage base.

The total capacity of 2.5 million cubic meters can satisfy gas consumption of 10 million households for 8 months, it said.

The state-owned energy giant built the tanks under the Phase I expansion project.

These are world’s largest onshore LNG storage tanks, such as the operational tank at Sinopec’s Qingdao LNG import terminal and the five tanks at CNOOC’s Zhuhai LNG import terminal.