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Recently, according to relevant departments at Tianjin Customs, the vessel “K2”, carrying 64,000 tons of imported liquefied natural gas (LNG), docked at Berth No. 55 of the Tianjin LNG Receiving Terminal operated by Pipeline Network Group in the Nanjiang Port Area of Tianjin Port. Following on-site supervision by customs inspectors from Tianjin Customs, the LNG was transferred via dedicated pipelines into a bonded storage tank with a capacity of 220,000 cubic meters at the terminal. This marks the official commissioning of the first LNG bonded warehouse in the Beijing-Tianjin-Hebei region, representing a “zero” breakthrough for LNG bonded operations. Reportedly, the LNG entering the bonded tanks is LNG that has been declared but for which taxes have not yet been paid; in other words, bonded LNG. Bonded LNG can either be reloaded onto ships for sale to other **, or it can be declared for import, subject to customs duties and VAT, before being circulated domestically. The implementation of this innovative model will not only enable the terminal to better fulfill its role as a “bridgehead” for ensuring winter LNG supply, but also attract more enterprises to Tianjin to engage in various LNG-related businesses, thereby enriching the port functions in the Beijing-Tianjin-Hebei region. According to Zhang Linsong, head of **Pipeline Network Group Tianjin LNG Co., Ltd., “We will fully leverage the geographical advantages of Tianjin LNG and its advanced equipment to promote the high-quality development of LNG foreign trade activities throughout the Beijing-Tianjin-Hebei region.” ”