Page 6 - AsianOil Week 07 2023

AsianOil PIPELINES & TRANSPORT AsianOil

Construction begins on China’s Jiangsu

Huadian Ganyu LNG Terminal

CHINA CONSTRUCTION has started at China’s Upon completion, the project will include a
Jiangsu Huadian Ganyu LNG terminal in the wharf with a 150,000 mt LNG dock. It will be
Upon completion, the country’s eastern Jiangsu province local author- able to berth the world’s largest LNG carriers
project will include a ities revealed on February 13. The 3mn tonnes that are up to 217,000 cubic meters. It will also
wharf with a 150,000 per year (tpy) facility is expected to commence include storage tanks, and a pipeline connected
mt LNG dock. It will operations in 2026. to the regional natural gas distribution network.
be able to berth the The terminal is being jointly developed The terminal marks Huadian Group’s first
world’s largest LNG by a consortium of Huadian Jiangsu Energy, LNG facility. It will be BP’s second LNG termi-
carriers that are up to BP Gas & Power Investments and three other nal in the country, after the 7mn tpy Guangdong
217,000 cubic meters. shareholders. Huadian Jiangsu Energy, which Dapeng LNG terminal, which opened in 2006
is a subsidiary of state-owned utility China in Shenzhen. BP has a 30% stake in Guangdong
Huadian Group Corp. will be the operator of Dapeng.
the export terminal. BP has a 10% interest and China is in the midst of ramping up LNG pro-
also holds gas processing rights. Lianyungang duction capacity. The Jiangsu Huadian Ganyu
Port Group, Prism Energy International and terminal is one of four LNG terminals that were
JERA Power International are the other minor- approved by the government in 2022. In total,
ity shareholders. the four facilities will have a combined maxi-
Commencement of construction operations mum LNG receiving capacity of close to 24mn
had initially been planned to begin in the sec- tpy.
ond half of 2022; however, ground-breaking is In 2022, China consumed 366.3 bcm of nat-
believed to have been delayed due to an uptick ural gas, which represented a 1.7% drop from
in Covid-19 cases. 2021 when it consumed 372.6 bcm. ™

P6 www. NEWSBASE .com Week 07 16•February•2023