China to Build 8 LNG Receiving Terminal During 2016-2020

China is projected to build 11 natural gas storage facilities and eight LNG receiving terminals during 2016-2020, said Han Jingkuan, vice president of PetroChina Planning and Engineering Institute, last week, reported Xinhua Finance Agency.

The gas storage facilities would have 32.4 billion cubic meters (bcm) of working gas volume by the end of 2020, Han said while speaking at the 2nd China International Natural Gas, CNG and LNG Distribution and Trade Conference on Thursday.

The eight new LNG receiving terminals would have 24 million tonnes of handing capacity, bringing national total LNG handling capacity to 72 million cubic meters, Xinhua Finance Agency quoted Han as saying.

China is expected to add around 20,000 km of natural gas pipelines in 2016-2020 and have over 90,000 km of total natural gas pipelines by the end of 2020, Han added.

The eight new LNG terminals are expected to come up in Huangmao Island, Xiamen, Lianyungang, Yuexi, Qinzhou, Wenzhou, Shenzhen and Zhoushan.

According to Xinhua Finance, by the end of 2014, China had 19 natural gas storage facilities in operation with less than 3 billion cubic meters of actual working gas volume despite 17.7 billion cubic meters of designed working gas volume.

With 37 million tonnes of annual handling capacity, the 11 LNG receiving terminal in operation received 19.83 million tonnes of LNG in 2014, Xihnua Finance said.