AlwaysFree: Sinopec’s Tianjin Received More LNG Cargoes In 1H 2020

Despite disruptions from the Covid-19 outbreak, Sinopec received more LNG cargoes at its Tianjin LNG import terminal in northern China during the first six months of this year compared with a year earlier. Up by 28 percent from a year earlier, Sinopec received 58 cargoes, or 3.78mn t of LNG, during January-June. Around 4.25bn m³ of the LNG was regasified and distributed by pipeline, while around 768,000t was distributed by tanker trucks.

Up by 7.8 percent from 23.74mn t a year earlier, China received a total of 25.6mn t of LNG in January-May. The Tianjin terminal also received its 200th cargo yesterday, more than two years after the arrival of its first LNG cargo in February 2018.

Tianjin is a key source of supply to northern China through Sinopec's gas pipeline network. The second expansion phase will include the addition of five 220,000m³ storage tanks at the terminal and facilities that will lift gas transmission capacity to 13.6bn m³.

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 6.18mn t/yr. Beijing Gas aims to bring the facility on line at the end of 2022. CNOOC also operates the 2.2mn t/yr floating storage and regasification unit at Tianjin.

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