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    Cnooc's Guangdong Dapeng Terminal Hits Milestone

Summary

Guangdong Dapeng LNG terminal has unloaded and regasified over 60 million metric tons of LNG since start of operations in 2006.

by: Shardul Sharma

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Natural Gas & LNG News, Asia/Oceania, Security of Supply, Corporate, Import/Export, Infrastructure, Liquefied Natural Gas (LNG), News By Country, China

Cnooc's Guangdong Dapeng Terminal Hits Milestone

China’s Cnooc earlier this week said its Guangdong Dapeng LNG terminal hit a milestone of unloading and regasifying over 60 million metric tons of LNG since start of operations in 2006.

The first LNG import terminal to be built in China, Guangdong Dapeng terminal started with initial capacity of 3.7mn mt/yr. Its present capacity is 7.7mn mt/yr and the terminal is supplying 45mn m3/d of gas to cities such as Guangzhou, Shenzhen, Huizhou, Dongguan, Foshan and Hong Kong through the 441 km pipeline. Regasified LNG accounts for approximately 60% of the total supply of natural gas in Guangdong province and approximately 75% of the total supply in the city of Shenzhen, the company said. During the last winter season, the terminal supplied 30,000 mt of LNG every month via trucks to northern regions of the country.  

The terminal is located in Shenzhen at Chengtoujiao, Dapeng Bay, Guangdong province and receives LNG from Australia and Qatar. Cnooc with 33% interest is the biggest shareholder in Guangdong Dapeng LNG Company, which operates the terminal. BP has the second largest stake at 30%.