China’s Dapeng LNG import terminal hits milestone

China’s Guangdong Dapeng LNG terminal, in which CNOOC and BP hold stakes, reached a new milestone last month.

According to separate statements by CNOOC Gas and Power and BP China, the GDLNG terminal hit the milestone on June 2 with supplying over 100 million metric tons to downstream gas customers in the Guangdong-Hong Kong-Macao Bay Area since its launch in 2006.

With this, the facility became the first LNG import terminal in China to reach the 100 million tons mark, the two firms said.

China’s first LNG import terminal has a design capacity of 6.8 million tons per year. The facility features four 160,000-cbm LNG tanks and also a truck loading station.

According to data by GIIGNL, CNOOC owns 33 percent in GDLNG, the province of Guangdong 30 percent, BP 30 percent, HK & China Gas 3 percent, and Hong Kong Electric 3 percent.

In 2021, BP started to directly supply customers in China with regasified LNG from the LNG terminal in Shenzhen.

With this, BP has created a fully integrated gas value chain into China, directly connecting upstream resources, transportation, and trading with downstream gas customers.

The energy firm has 600,000 tons a year tolling regasification capacity at GDLNG.

BP China and CNOOC Gas and Power said that GDLNG’s cumulative gas supply volume accounts for about 40 percent of the gas consumption in Guangdong province and also about 30 percent of the gas consumption in Hong Kong.

Most Popular

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.

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.

More News Like This

Botas pens three-year LNG supply deals with BP, Shell, and Eni

Turkiye’s state-owned natural gas and LNG firm Botas has signed three-year deals to buy LNG from BP, Shell, and Eni.

China’s gas imports up in August

China's natural gas imports, including pipeline gas and LNG, increased by 0.8 percent last month compared to August 2024, according to customs data.

Baker Hughes scores Tangguh LNG gig

US energy services firm Baker Hughes has secured a long-term service agreement award from UK-based energy giant BP for its Tangguh LNG plant in Papua Barat, Indonesia.

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.