June 04, 2018 [LNG World Shipping] - China National Offshore Oil Corp (CNOOC) has commenced construction work on the first phase of its Zhangzhou LNG import terminal in Fujian province.
The facility, which will be the company’s 10th major Chinese LNG terminal, is being built at Longhai City, downstream from Zhangzhou and near the entrance to the Gulf of Xingu.
The Zhangzhou terminal is being built on a 50-hectare plot of land reclaimed from the sea in a major civil engineering project carried out by CCCC Third Harbour Engineering over two years.
The first phase of the terminal construction work now getting underway, will provide a facility capable of handling up to 3 mta of LNG. Three 160,000 m3 storage tanks are being built while the marine jetty facilities will be able to accommodate not only LNG carriers up to the 266,000 m3 Q-max size but also 30,000 m3 coastal distribution tankers.
Construction work, which is jointly contracted to CNOOC Gas & Power Group and Fujian Investment Group, is due to be completed in late 2021, to enable the start of commercial operations early in 2022. The availability of the Zhangzhou terminal will enhance the ability of CNOOC to supply gas to customers in Fujian province and neighbouring parts of southern China.
A planned second phase of the terminal would double the LNG-handling capacity and bring investment costs for the facility up to US$960M.
CNOOC currently has eight LNG import terminals in operation, at Tianjin, Shanghai, Ningbo, Putian, Yuedong, Dapeng, Zhuhai and Hainan. A ninth, the Shenzhen Diefu facility, is due to enter into operation later this year.
Also set for a 2018 start is the company’s Fangchenggang facility, a small coastal LNG distribution terminal on the Gulf of Tonkin near the Vietnam border. Fangchenggang will not be equipped with regasification facilities. LNG arriving by coastal tanker will be distributed to customers in road tankers.
In another recent major investment decision, CNOOC is to construct six 220,000 m3 LNG storage tanks at its northern Tianjin terminal. To date, Tianjin has made use of a floating storage and regasification unit and two small storage tanks, and dispatches a large percentage of its inbound cargoes as LNG in road tankers.
Tianjin received just over 2M tonnes of LNG in 2017. The availability of the six new storage tanks will raise the throughput capability of the terminal to 7.25 mta.
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