The total receiving capacity of China’s liquefied natural gas reception stations exceeds 100 million tons
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As the energy transition advances, liquefied natural gas, as a clean and efficient energy source, is playing an increasingly important role in the global energy structure, leading to a continuous increase in market demand. At present, China has established a complete liquefied natural gas industry chain, with the construction of infrastructure such as liquefied natural gas receiving stations progressing at an accelerated pace, resulting in a total receiving capacity of over 100 million tons. In 2006, China’s first liquefied natural gas receiving station, the CNOOC Dapeng Liquefied Natural Gas Receiving Station, was built and put into operation. By the end of 2023, 28 liquefied natural gas receiving stations had been built in China, with an annual reception capacity of over 116 million tons, placing the country among the leaders in this field internationally. CNOOC currently operates 5 \"green energy ports\", with a total tank capacity of 5.54 million cubic meters. In addition, we are carrying out expansion projects for the \"Green Energy Ports\" in Ningbo and Zhuhai, with 11 storage tanks with a capacity of 270,000 cubic meters each being expanded. Once completed, CNOOC’s total storage capacity will reach 8.51 million cubic meters. In the first half of this year, domestic consumption of liquefied natural gas amounted to 19.5738 million tons, representing a year-on-year increase of 31.37%. With the rapid growth in consumption and imports, it is expected that there will still be significant room for expansion in the scale of domestic liquefied natural gas receiving stations during the 14th Five-Year Plan period. Currently, there are about 30 liquefied natural gas receiving stations under construction in China. By 2025, the receiving capacity of these stations is set to double, which will play a crucial role in ensuring a stable supply of natural gas as well as in the operation and reception of natural gas.
As the energy transition advances, liquefied natural gas, as a clean and efficient energy source, is playing an increasingly important role in the global energy structure, leading to a continuous increase in market demand. At present, China has established a complete liquefied natural gas industry chain, with the construction of infrastructure such as liquefied natural gas receiving stations progressing at an accelerated pace, resulting in a total receiving capacity of over 100 million tons.