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China would build 11 natural gas storage facilities and eight LNG receiving terminals in 2016-2020, said Han Jingkuan, vice president of PetroChina Planning and Engineering Institute on Thursday. Speaking at the 2nd China International Natural Gas, CNG and LNG Distribution and Trade Conference, Han said the natural gas storage facilities would have 32.4 billion cubic meters of working gas volume by the end of 2020.
The eight new LNG receiving terminals would have 24 million tonnes of handing capacity, bringing national total LNG handling capacity to 72 million cubic meters. Plus, China would add around 20,000 km of natural gas pipelines in 2016-2020 and have over 90,000 km of total natural gas pipelines by the end of 2020.
The 11 new natural gas storage facilities comprise those named as Changchun, Shuangtuozi, Xing-9, Wen-23, Shaan-43, Su-203, Yunying, Pingdingshan, Huaian, Shuzhou and Zhongyuan Wen-23, respectively. The eight new LNG terminals are designed to locate in Huangmao Island, Xiamen, Lianyungang, Yuexi, Qinzhou, Wenzhou, Shenzhen (for peak shaving) and Zhoushan, respectively.
By the end of 2014, China had 19 natural gas storage facilities in operation with less than 3 billion cubic meters of actual working gas volume despite 17.7 billion cubic meters of designed working gas volume. With 37 million tonnes of annual handling capacity, the 11 LNG receiving terminal in operation received 19.83 million tonnes of LNG in 2014.
Source: Xinhua Finance
