LNG up year-on-year in the first half of 2020 for Sinopec’s Tianjin terminal

Sinopec received 58 cargoes, or 3.78m t of LNG, during January-June, which is up by 28% from a year earlier. Around 4.25bn m³ of the LNG was regasified and distributed by pipeline, while around 768,000 t was distributed by tanker trucks, it said. China received a total of 25.6m t of LNG in January-May, up by 7.8% from 23.74m t a year earlier. China’s customs department has yet to release import data for June.

Elsewhere, state-owned gas distributor Beijing Gas is developing the Tianjin Nangang LNG receiving terminal, which will be the port city’s third LNG terminal. The facility will have a peak capacity of 6.18m tons/year and Beijing Gas aims to bring the facility online at the end of 2022. State-owned CNOOC also operates the 2.2m tons/year floating storage and regasification unit at Tianjin.

China’s state-owned oil and gas company said it received more LNG cargoes at its 6m tons/year Tianjin LNG import terminal in northern China during the first six months of this year, than it did in the same period of 2019, despite disruptions from the COVID-19 outbreak in the country.

The Tianjin terminal also received its 200th cargo this week, more than two years after the arrival of its first LNG cargo in February 2018.

For more information visit www.sinopecgroup.com

9th July 2020