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.

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