CNOOC’s Binhai LNG terminal gets 100th cargo

China National Offshore Oil Company (CNOOC) has received the 100th cargo at its giant Binhai LNG import terminal in Jiangsu.

According to a statement by CNOOC Gas & Power, the 1996-buil 137,354-cbm, Al Khor, has on March 20 unloaded 63,000 tons of LNG at the Yancheng Green Energy Port.

The shipment came from QatarEnergy’s giant Ras Laffan LNG complex, its AIS data provided by VesselsValue shows.

Since September 26, 2022, the Binhai LNG terminal received 100 cargoes or 6.53 million tons of LNG, CNOOC’s unit said.

The amount of LNG is equivalent to 9.26 billion cubic meters of gaseous natural gas.

LNG producer Qatargas, now QatarEnergy LNG, delivered the first LNG cargo to the terminal in September 2022.

In August 2022, CNOOC received the 30th cargo of LNG at its Jiangsu-Binhai LNG import terminal, and it received the 77th cargo in August last year-

Huge LNG storage capacity

Last year, CNOOC launched six Binhai LNG storage tanks, each with the capacity of 270,000 cubic meters.

The tanks are about 65 meters high and are 100.6 meters in diameter.

These tanks add to the already four existing tanks with a capacity of 220,000 cbm.

CNOOC Gas & Power says this is China’s largest LNG storage base.

The state-owned energy giant built the tanks under the Phase I expansion project.

These are the world’s largest onshore LNG storage tanks, such as the operational tank at Sinopec’s Qingdao LNG import terminal and the five tanks at CNOOC’s Zhuhai LNG import terminal.

China is the world’s largest LNG importer. Last year, LNG imports increased by 7.7 percent to 76.65 million tonnes.

However, China imported 10.60 million tonnes during the first two months of this year, a decrease of 19.1 percent compared to the same period last year.

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