China’s Dapeng LNG terminal boosts gas deliveries in Q1

China’s Guangdong Dapeng LNG import terminal has increased its deliveries of natural gas to downstream customers in the first quarter of this year compared to the same period last year, according to CNOOC Gas & Power, a unit of China’s CNOOC.

During the January-March period, the GDLNG terminal has supplied a total of 2.1 million tons of regasified LNG to the Guangdong-Hong Kong-Macao Bay Area, an increase of 6 percent over the same period last year, CNOOC Gas & Power said in a statement.

The facility has achieved year-on-year growth in the first quarter for the fourth consecutive year, it said.

Since March, the temperature in Guangdong has been rising, and many cities and municipalities have seen record high temperatures for this period of the year, and the demand for electricity and gas for regional residents and industrial and commercial use has increased accordingly, CNOOC Gas & Power said.

The LNG terminal delivered 820,000 tons of regasified LNG in March, a record high for the same period in its history, it said.

Last year, the GDLNG terminal hit a milestone with supplying over 100 million metric tons to downstream gas customers in the Guangdong-Hong Kong-Macao Bay Area since its launch in 2006.

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 & Power previously 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.

Last year, Hong Kong’s first FSRU-based LNG import facility, owned by a joint venture of CLP Power and HK Electric, also started commercial operations.

MOL’s 263,000-cbm FSRU Bauhinia Spirit, the world’s largest FSRU, serves this facility.

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