Dalian LNG Terminal Applies for Re-Export Permission
06.20.2022 By Ricardo Perez - NEWS

June 20, 2022 [Argus] – PipeChina’s 6mn t/yr Dalian LNG terminal is applying to customs authorities to re-export LNG.

 

Dalian LNG is located at the tip of Liaodong Peninsula, with Korea Peninsula to its east and Bohai Bay and coastal Chinese cities including Tianjin to its west. The terminal has applied to set up bonded tanks to re-export LNG to Japan and South Korea in an attempt to boost terminal usage and utilise its LNG reloading capacity.

LNG transit through the terminal has fallen this year as a result of Covid-19 outbreaks in Dalian, increased Russian pipeline receipts and regional grid pressure, in addition to high global gas prices, according to the terminal.

A total of 845,000t of import capacity has been freed up at the terminal from June to December 2022 in the terminal availability schedule published by PipeChina in May, compared with a previous schedule published in April. There was no further availability change in June’s published schedule.

This includes 260,000t of capacity freed up for December, which is typically the beginning of the peak winter receipt season for terminals in north China — the Dalian terminal received 421,000t in December last year, shiptracking data from Vortexa show.

The terminal has received 698,000t of LNG this year, down from 1.02mn t in the same period last year and a three-year average of 1.3mn t, according to Vortexa.

More terminal availability

Chinese LNG imports have been lower on the year since January as Covid-19 restrictions have weighed on downstream demand, cutting import demand for later in the year.

Other LNG terminals in the region along the Bohai coast include PipeChina’s 6mn t/yr Tianjin terminal and Sinopec’s 10.8mn t/yr Tianjin terminal, as well as Sinopec’s planned 6mn t/yr Longkou terminal in Yantai, Shandong. PipeChina’s Tianjin terminal has 260,000t of import capacity freed up in July, according to the June schedule.

PipeChina’s Beihai terminal has also had more available capacity from July to October in the latest schedule, and all PipeChina’s LNG terminals showed more available LNG import capacity in the May schedule than in April, except the 3mn t/yr Hainan terminal.

LNG receipts at both operational terminals in Tianjin have been significantly lower on the year, according to Vortexa — PipeChina has received 698,000t in 2022, down from 2.65mn t, and Sinopec has received 2.6mn t, down from 3.56mn t a year earlier.
Pro Trial: Access 10,390 Tank Terminal and Production Facilities

10,390 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

ArcelorMittal Poland Plans to Build a Hydrogen Production Plant in Krakow
11.22.2024 - NEWS
November 22, 2024 [Gmk Center]- An investment of more than PLN 100 million will provide hydrogen ... Read More
Clean Hydrogen Works Awards McDermott FEED Contract for Ascension Clean Energy (ACE) Project
11.22.2024 - NEWS
November 22, 2024 [Mcdermott]- Clean Hydrogen Works (CHW) and McDermott announce that CHW has awa... Read More
MOL Group Signed Cooperation Agreement with KazMunayGas
11.22.2024 - NEWS
November 22, 2024 [World Pipelines]- MOL Group and Kazakhstani national oil company KazMunayGas (... Read More
Dialog's 1Q profit grows 14%, driven by midstream tank storage business and big opex drop
11.22.2024 - NEWS
November 22, 2024 [The Edge Malaysia]- Dialog Group Bhd’s net profit in the first quarter e... Read More