Longkou LNG Terminal

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Longkou LNG Terminal (国家管网龙口南山LNG接收站) is a LNG terminal under construction in Longkou, Shandong province, China.

Location

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Project details

Phase 1

• Owner: PipeChina Nanshan (Shandong) Natural Gas Co., Ltd. 国家管网集团南山 (山东) 天然气有限公司
• Parent company: National Oil and Gas Pipeline Group Co., Ltd. 60% , Nanshan Group Co., Ltd. 40%

国家石油天然气管网集团有限公司	60%
南山集团有限公司	40%

• Location: Longkou, Yantai, Shangdong province, China
• Coordinates: 37.680774, 120.220284 (exact)
• Capacity: 5 mtpa
• Status: Construction
• Type: Import
• Start year: 2023

Phase 2 and Phase 3

• Owner: PipeChina Nanshan (Shandong) Natural Gas Co., Ltd. 国家管网集团南山 (山东) 天然气有限公司
• Parent company:
• Location: Longkou, Yantai, Shangdong province, China
• Coordinates: 37.680774, 120.220284 (exact)
• Capacity: 15 mtpa
• Status: Construction
• Type: Import
• Start year: 2022

Background

In January 2019 Sinopec Gas, Hengtong Logistics, Longkou Port and Longkou Municipal People's Government signed a framework cooperation agreement to build a terminal with 6 mtpa capacity by 2022.

As of October 2019, the project is officially permitted.

With the establishment of PipeChina, some of the pipeline and LNG terminal assets from Sinopec, CNOOC, PetroChina and other state owned enterprises were transferred to PipeChina, including this project.

The construction of Longkou LNG terminal began in May 2020. It was the first LNG terminal project of PipeChina entering construction.

As of June 2022, the terminal was reportedly still be under construction.

Longkou LNG Terminal was designed as three phases with total capacity of 20 mtpa. The total investment was estimated 35 billion yuan (US$5 billion). There will be 20 storage tanks with 220,000 cubic meters each once all three phases are completed. Phase 1 contains 6 storage tanks with 6 mpta of capcity and is still under construction by the end of 2022.

In July 2023, Phase 1 still appeared to be under construction. This was the case as of September 2023, as well.

Longkou LNG terminal first phase is aiming operating in 2024.

Ownership change

In February 9, 2019, the National Petroleum and Natural Gas Pipeline Group Co., Ltd. (PipeChina) was established with a major focus on the investment and construction of the long-distance oil and gas pipeline network and storage & peaking facilities, offering fair and open oil and gas pipeline transmission services. 10 existing and under-construction LNG terminals were reportedly transferred or are going to transfer their ownerships to PipeChina. Longkou LNG terminal is one of them.