Sinopec kicks off work on Tianjin LNG storage tanks

China’s Sinopec started building additional storage tanks at its liquefied natural gas import terminal in Tianjin.

The construction of five 220,000 cubic metres LNG storage tanks is a part of the second expansion phase of Sinopec’s Tianjin terminal.

The expansion also includes an additional jetty for LNG carriers.

Once finished at the end of 2021, the terminal’s annual receiving and supply capacity would be 10.8 million metric tons and 13.6 billion cubic metres, respectively, according to Sinopec.

This would make it the largest such facility in China.

The Tianjin facility has currently four storage tanks with a total capacity of 640,000 cubic metres.

The terminal received 11.21 million tonnes of LNG since March 2018.

Most Popular

BP, Venture Global to supply LNG to Bulgargaz in January and February

Bulgargaz previously sought two LNG cargoes for delivery during January and February 2025. The company recently announced that 19 international...

Atlantic LNG shipping rates rise to $26,000 per day

Last week, Atlantic LNG shipping rates rose for the first time in seven weeks. “Spark30S Atlantic rates have experienced the largest...

Japan’s Jera launches second LNG unit at Goi power plant

The power firm and LNG trader said on Thursday that the power station’s unit 2 had begun commercial operation. Jera...

More News Like This

TotalEnergies inks LNG supply deal with China’s Sinopec

TotaLEnergies said on Monday it will supply Sinopec with two million metric tons of LNG per year. The deal is...

China’s Sinopec seeks APLNG contract price review

Australia's Origin Energy confirmed on Friday that Australia Pacific LNG, in which Origin owns a 27.5 percent interest, has...

China’s Huaying LNG import terminal launched

The 2017-built 174,100-cbm, Cesi Beihai, has delivered the first commercial LNG shipment to the facility from Australia on September...

Petronas and Sinopec to cooperate in LNG trading

Malaysia's Petronas has entered into a strategic collaboration with China's Sinopec to explore opportunities in several fields, including liquefied...