Beijing, February 22 - Neftegaz.RU. CNOOC has started to build the largest of their kind in the world LNG storage tanks in Yancheng Binhai Port Industrial Park in east China's Jiangsu Province.
The company said that the cost of the expansion would be around $955 million.
The project's 10 LNG storage tanks will see the 1st 4 boast a total designed capacity of 220 000 m3 and the remaining 6 will have a total designed storage capacity of 270 000 m3.
Upon completion, each storage tank will be 60 m high.
After being put into operation at the end of 2023, the annual processing capacity of the LNG receiving terminal can reach 6 million ton
Li Feng, general manager of the project, introduced that Binhai LNG Terminal is capable of receiving, storing and externally transmitting LNG as well as utilizing cold energy, generating power and manufacturing hydrogen with natural gas.
Li said:
The company said that the cost of the expansion would be around $955 million.
The project's 10 LNG storage tanks will see the 1st 4 boast a total designed capacity of 220 000 m3 and the remaining 6 will have a total designed storage capacity of 270 000 m3.
Upon completion, each storage tank will be 60 m high.
After being put into operation at the end of 2023, the annual processing capacity of the LNG receiving terminal can reach 6 million ton
Li Feng, general manager of the project, introduced that Binhai LNG Terminal is capable of receiving, storing and externally transmitting LNG as well as utilizing cold energy, generating power and manufacturing hydrogen with natural gas.
Li said:
- It is a comprehensive green and clean energy supply station as well as an important hub
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