China CNOOC Plans $2.2B LNG Terminal in East China
07.02.2018 By Jacob van den Berge - NEWS

The project, located in the city of Yancheng, will include a berth to anchor 100,000 tonne vessels, land-based storage and a pipeline grid and is expected to be completed in December 2020, the official local newspaper Xinhua Daily reported, without saying how it received the information.

The storage tanks will each have a storage capacity of 220,000 cubic metres, or roughly 90,000 tonnes, the paper said, without giving the total planned storage capacity at the site.

CNOOC, parent of CNOOC Ltd, is China’s largest operator of LNG import terminals.

CNOOC did not immediately respond to request for comment.

—————————-

TankTerminals.com – Research, Market and Expand Your Presence within the Tank Storage Industry.
Learn more.

Australia's Woodside Energy Makes Liz Westcott Its Permanent CEO
03.23.2026 - NEWS
March 23, 2026 [Reuters]- Australia’s Woodside Energy on Wednesday named Liz ​Westcott as... Read More
US Lends Oil Companies 45.2 Mln Barrels from Reserve, First Batch of Iran War
03.23.2026 - NEWS
March 23, 2026 [Reuters]- The Trump administration said on Friday it ​has lent 45.2 million bar... Read More
China's Sinopec Posts 36.8% Drop in 2025 Net Profit on Weak Petrochemical Margins, New Energy Substitution
03.23.2026 - NEWS
March 23, 2026 [Reuters]- China Petroleum & Chemical Corp , known as Sinopec, reported a 36.8... Read More
Saudi Aramco Cuts Oil Supply to Asia for Second Month in April
03.23.2026 - NEWS
March 23, 2026 [Reuters]- Saudi Aramco, the world’s top oil exporter, has cut crude supply ... Read More