PetroChina Expands Receiving Capacity of LNG Terminals
11.10.2016 - NEWS

November 10, 2016 [Reuters] - Top Chinese oil and gas firm PetroChina started up new storage tanks for liquefied natural gas (LNG) at two receiving terminals, getting ready to meet winter demand for the heating fuel, according to officials and an industry website.


PetroChina started operating a 200,000 cubic metre tank last week in Rudong, eastern Jiangsu province, as well as regasification facilities and pipelines, according to a report published on the website of China Huanqiu Contracting & Engineering Corp, an engineering unit under China National Petroleum Corporation (CNPC).

CNPC is also the parent of PetroChina, China’s largest oil and gas producer.

The new Rudong facilities are part of a second-phase expansion that brought its handling capacity to 6.5 million tonnes a year, up from a 3.5 million tonnes a year. After the expansion, Rudong has 680,000 cubic metres of storage space.

PetroChina is also test running a new storage tank this week at its Dalian terminal in the northeast, and that is expected to double its receiving capacity there to 6 million tonnes a year, according to two industry officials with direct knowledge of the expansion.

PetroChina said last week it would raise natural gas supply this winter by 7 percent compared from a year earlier by pumping more from onshore domestic fields like Longwangmiao and also by moderately raising imports.

Apart from Dalian and Rudong, PetroChina owns a third LNG import terminal in Tangshang, near the capital city of Beijing.

10-year Treasury yield hovers close to highest level since April as investors await key jobs data
01.10.2025 - NEWS
U.S. Treasury yields hovered close to its highest level since April on Friday, as investo... Read More
Union dockworkers, port employers announce tentative deal at East Coast and Gulf ports
01.09.2025 - NEWS
State of Freight The tentative agreement is on all items for a new six-year mas... Read More
China's property market is expected to stabilize in 2025 — but stay subdued for years
10.30.2024 - NEWS
China’s struggling real estate sector may not start turning around until the sec... Read More
Harris will offer an alternative to Trump-era politics in closing argument speech
10.29.2024 - NEWS
1234534234 Democratic presidential nominee U.S. Vice President Kamala Harris walks to bo... Read More