CNOOC starts work on Binhai LNG expansion

China National Offshore Oil Company (CNOOC) said it has started building the expansion phase at its Binhai LNG import terminal in Jiangsu.

The expansion includes adding six ultra-large 270,000-cbm LNG tanks along with other facilities, CNOOC said on Wednesday.

As part of the first phase of the 3 mtpa Binhai facility, CNOOC built four 220,000-cbm LNG tanks.

CNOOC said the expansion phase has a price tag of about 6.1 billion yuan ($954 million).

The state-owned giant aims to complete the works by the end of 2023.

Following the completion, CNOOC said the facility would become the largest LNG storage project in China.

Most Popular

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.

Bangladesh receives boost from World Bank to buy LNG supplies

The World Bank has approved a project aimed at helping Bangladesh's state-owned company Petrobangla to secure liquefied natural gas (LNG) supplies.

Kimmeridge’s Commonwealth LNG gets FERC approval

Kimmeridge's Commonwealth LNG has received the Federal Energy Regulatory Commission’s final order upholding authorization for its planned 9.5 mtpa LNG export project near Cameron, Louisiana.

More News Like This

CLP, CNOOC wrap up largest LNG bunkering op in Hong Kong

Hong Kong's CLP and China National Offshore Oil Corporation (CNOOC) have completed what they claim is the largest single LNG bunkering operation in Hong Kong to date and the city‘s first ship-to-ship LNG bunkering with simultaneous cargo handling.

Hudong-Zhonghua launches LNG carrier

Chinese shipbuilder Hudong-Zhonghua has launched one 174,000-cbm liquefied natural gas (LNG) carrier it is building for NYK and CNOOC.

CNOOC’s Binhai LNG terminal gets 100th cargo

China National Offshore Oil Company (CNOOC) has received the 100th cargo at its giant Binhai LNG import terminal in Jiangsu.

China’s CNOOC boosts Fujian LNG volumes in 2024

On December 31, 2024, the 2014-built 161,870-cbm LNG carrier, Maran Gas Posidonia, completed the unloading of nearly 60,000 tons...