CNOOC Starts Construction of 6 LNG Storage Tanks at Binhai Terminal
06.12.2021 - NEWS

June 12, 2021 [Nasdaq] – China National Offshore Oil Corp (CNOOC)[SASACY.UL] has started the construction of six liquefied natural gas (LNG) storage tanks at its Binhai terminal in eastern province of Jiangsu.


The tanks, with a storage capacity of 270,000 cubic metres each, will be built at the same time with ancillary facilities, CNOOC said in a statement on Wednesday night.

Binhai terminal currently has four LNG storage tanks, each with a capacity of 220,000 cubic metres.

The expansion project will involve total investment of 6.1 billion yuan ($955.56 million) and is scheduled for completion in late 2023.

($1 = 6.3837 Chinese yuan renminbi)

Click Here to Access Today a 6,750 Tank Terminal Database With a Pro Trial

6,750 terminals as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Digitize Your ISGOTT 6 Safety Checklist and Streamline Your Operations
01.17.2022 - NEWS
January 17, 2022 [] – Safety is key, digitizing operations will contribute... Read More
Germany's HEH Delays Binding Open Season for Stade LNG Import Terminal
01.17.2022 - NEWS
January 17, 2022 [SPGlobal] – Hanseatic Energy Hub — the developer of the planned LNG... Read More
SABIC Signs MoU with Saudi Aramco and PKN Orlen
01.17.2022 - NEWS
January 17, 2022 [hydrocarbonengineering] – SABIC has signed a Memorandum of Understanding ... Read More
China's Annual Crude Oil Imports Drop for First Time in 20 Years
01.17.2022 - NEWS
January 17, 2022 [Reuters] – China’s annual crude oil imports slid 5.4% in 2021, drop... Read More