Dragon LNG Terminal

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Dragon LNG Terminal is an LNG import terminal in United Kingdom with units that are operating.

Location

Table 1: Location details

Name Location Coordinates (WGS 84)
Dragon LNG Terminal (base project) Waterston, Milford Haven, Pembrokeshire, Wales, United Kingdom[1] 51.70453, -4.99774 (exact)
Expansion Waterston, Milford Haven, Pembrokeshire, Wales, United Kingdom[1] 51.70453, -4.99774 (exact)

The map below shows the exact location of the terminal:

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Project Details

Table 2: Infrastructure details

mtpa = million tonnes per year
Name Facility type Status Capacity Total terminal capacity Offshore Associated infrastructure
Dragon LNG Terminal (base project) import[2] operating[2] 4.4 mtpa[2] 5.6 mtpa False
Expansion import[2] operating[3] 1.2 mtpa[2] 5.6 mtpa False

Table 3: Cost

Name Facility type Cost Total known terminal costs
Dragon LNG Terminal (base project) import[2]
Expansion import[2]

Financing

No financing data available.

Table 4: Project timeline

FID = Final Investment Decision, used by some developers to indicate a project will move forward
Name Facility type Status Proposal year FID year Construction year Operating year Inactive year
Dragon LNG Terminal (base project) import[2] operating[2] 2009[2]
Expansion import[2] operating[3] 2013[3]

Ownership

Table 5: Ownership

Name Facility type Status Owners Parent companies Operator
Dragon LNG Terminal (base project) import[2] operating[2] Shell PLC [50%]; Ancala Partners [50%][2][4][2][4] Ancala Partners [50.0%]; Shell PLC [50.0%] Dragon LNG[3]
Expansion import[2] operating[3] Shell PLC [50%]; Ancala Partners [50%][2][4][2][4] Ancala Partners [50.0%]; Shell PLC [50.0%] Dragon LNG[3]

Background

Dragon LNG Terminal is an LNG terminal in Waterston, Milford Haven, Pembrokeshire, Wales, UK.[5] The £250 million terminal began construction in 2004 and was placed in operation in July 2009.[6][7] The terminal includes two jetties for LNG carriers, two 160,000 cubic meter storage tanks, regasification equipment, and export facilities.[7] Regasified natural gas from the terminal is transported to the National Gas Transmission System via two newly constructed pipelines traveling from Milford Haven to Aberdulais and from Felindre to Tirley in Gloucestershire.[7]

Dragon LNG Terminal was originally jointly and equally owned by Shell and Petronas.[8] The project owners have 20-year arrangements in place for use of capacity rights.[6] In July 2019, the private equity firm Ancala Partners acquired a 50% interest in the Dragon terminal from Petronas.[9]

The project is located on a brownfield site, formerly the Gulf Oil Refinery, which operated from the 1968 through 1997.[7]

According to Food and Water Europe's 2019 UK gas profile, "The £250m Dragon LNG terminal in Wales, UK is an exceptional case as the average utilisation rate for the project seems to have been 0 for the last decade. This project has been undergoing 'planned maintenance' work and doesn't appear to supply the UK with gas. Without taking Dragon into account, the average LNG utilization rate of UK LNG terminals stood at only 22% between January 2012 and March 2019, with Dragon LNG even less (~14%)."[10]

In May 2024, VTTI agreed to buy a 50% stake in Dragon LNG from Ancala. The deal was expected to close in Q3 of 2024.[11] The same month, Dragon LNG awarded a contract to Worley to study the feasibility of integrating CO2 liquefaction into its processes for carbon storage and sequestration.[12]

In August 2024, VTTI's purchase of a 50% stake in Dragon LNG was completed. VTTI and Shell now owned 50% each of the company.[13] The same month, Dragon LNG announced that it and RWE would collaborate on the Milford Haven CO2 project, which would include adding carbon capture to the nearby Pembroke power station and adding CO2 liquefaction capabilities to Dragon LNG's terminal.[14]

Articles and Resources

Additional data

To access additional data, including an interactive map of LNG terminals, a downloadable dataset, and summary data, please visit the Global Gas Infrastructure Tracker on the Global Energy Monitor website.

References

  1. 1.0 1.1 https://www.google.com/maps/place/51%C2%B042'16.3%22N+4%C2%B059'51.9%22W/@51.70453,-5.0003149,691m/data=!3m2!1e3!4b1!4m4!3m3!8m2!3d51.70453!4d-4.99774?entry=ttu&g_ep=EgoyMDI1MDcwNi4wIKXMDSoASAFQAw%3D%3D. {{cite web}}: Missing or empty |title= (help)
  2. 2.00 2.01 2.02 2.03 2.04 2.05 2.06 2.07 2.08 2.09 2.10 2.11 2.12 2.13 2.14 2.15 2.16 2.17 (PDF) https://giignl.org/wp-content/uploads/2022/05/GIIGNL2022_Annual_Report_May24.pdf. {{cite web}}: Missing or empty |title= (help)
  3. 3.0 3.1 3.2 3.3 3.4 3.5 (PDF) https://giignl.org/wp-content/uploads/2025/06/GIIGNL-Annual-Report-2025.pdf. {{cite web}}: Missing or empty |title= (help)
  4. 4.0 4.1 4.2 4.3 (PDF) https://giignl.org/sites/default/files/PUBLIC_AREA/Publications/giignl_-_2020_annual_report_-_04082020.pdf. {{cite web}}: Missing or empty |title= (help)
  5. Dragon LNG Terminal, GEO, accessed April 2017
  6. 6.0 6.1 Dragon LNG Terminal, Dragon LNG, accessed August 2017
  7. 7.0 7.1 7.2 7.3 Dragon LNG Terminal, United Kingdom, Hydrocarbons Technology, accessed August 2017
  8. Dragon LNG Shareholders, Dragon LNG, accessed August 2017
  9. Ancala buys Petronas stake in Dragon LNG terminal, Offshore Energy, Jul. 3, 2019
  10. UK Food and Water Europe, accessed December 6, 2019
  11. Staff, LNG Prime (2024-05-08). "VTTI to buy 50 percent stake in UK's Dragon LNG terminal". LNG Prime. Retrieved 2024-07-24.
  12. Battersby, Amanda (2024-05-05). "Shell, Petronas-backed Dragon LNG awards feasibility study to Worley". upstreamonline.com. Retrieved 2024-07-24.
  13. Peeters, Carole (2024-08-09). "VTTI completes acquisition of 50% of Dragon LNG - VTTI". VTTI. Retrieved 2025-07-09.
  14. LNGdragon (2024-08-02). "RWE and Dragon join forces for Milford Haven CO2 Project to drive decarbonisation in South Wales - Dragon LNG". Dragon LNG. Retrieved 2025-07-09.