PipeChina has broken ground on an LNG import terminal project in Shandong province. This is its first infrastructure project since it was set up late last year.
The terminal is expected to receive imports of around 20 million t/yr of LNG and supply around 28 billion m³/yr of gas. The first phase of the operation is expected to start in 2023.
The state-owned company sees the project providing continuous, stable and clean natural gas for regions around the Bohai Sea by enhancing the capacity of peak shaving, emergency storage and winter supply of natural gas. It also expects the project to help reduce carbon dioxide emissions by 32 million t/yr.
PetroChina, Sinopec and private firm Poly-GCL are also planning to add more LNG import capacity in Shandong with the expectation of increased demand in the province and neighbouring cities in east and north China. Sinopec's 3 million t/yr Qingdao LNG is currently the only import terminal in Shandong.
