Sinopec invests 8.3 billion to build a 6.5 million tons/year Longkou LNG receiving terminal
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On October 13, the National Development and Reform Commission approved the construction of the Sinopec Longkou liquefied natural gas receiving station, whose maximum processing capacity is 6.5 million tons per year. The project owner is Sinopec Yantai Longkou LNG Co., Ltd., with a total investment of 8.304 billion yuan.
The receiving stations have seen a number of approvals issued recently; will there be more in the future?
Under carbon neutrality, reducing coal use necessarily leads to an increase in LNG