SOURCE / ECONOMY
China's largest LNG reserve base enters operation in Jiangsu
Published: Sep 27, 2022 07:14 PM
The LNG storage tanks of the green energy base in Yancheng, East China's Jiangsu Province Photo: VCG

The LNG storage tanks of the green energy base in Yancheng, East China's Jiangsu Province Photo: VCG


 
A carrier loaded with 210,000 cubic meters of liquefied natural gas (LNG) docked at Yancheng Binhai Port, East China's Jiangsu Province on Monday to unload LNG to the Yancheng Green Energy Port belonging to China National Offshore Oil Corp (CNOOC), marking the official start of operation at the country's largest LNG reserve base.

The LNG was received and stored in a 220,000-cubic-meter LNG storage tank, the gas from the ship can supply 6.5 million households for one month, according to China Media Group. It is the first 220,000-cubic-meter LNG storage tank officially put into use in China.

The whole process went smoothly, which verified the reliability of the whole set-up, said Yang Yong, deputy general manager of CNOOC Gas & Power Group.

Located in Yancheng, East China's Jiangsu Province, CNOOC Yancheng Green Energy Port is a national key project for natural gas production, supply, storage and marketing system and the largest LNG reserve base in China.

The first phase of the project includes 10 large-scale LNG storage tanks with a total tank capacity of 2.5 million cubic meters.

In recent years, China has accelerated the construction of coastal LNG receiving facilities as the consumption of natural gas increases.

By the end of 2021, China had completed 22 coastal LNG receiving terminals with a total receiving capacity of 92.27 million tons, ranking first in the world in terms of scale.

Yang disclosed that in addition to CNOOC Green Energy Port, the company is also expanding the receiving stations in Ningbo, East China's Zhejiang Province and Zhuhai, South China's Guangdong Province.

"We have started the construction of 11 270,000-cubic-meter storage tanks, which will basically double the storage capacity of existing receiving stations and better guarantee the domestic natural gas supply," Yang said.