Niihama LNG Terminal

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Niihama LNG Terminal, also known as Sakaide LNG Terminal, is an operating LNG import terminal in Japan.

Location

Table 1: Location details

Name Location Coordinates (WGS 84)
Niihama LNG Terminal Niihama, Ehime, Shikoku, Japan 33.984979, 133.314241 (approximate)

The map below shows the approximate 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
Niihama LNG Terminal import operating[1] 1 mtpa 1.0 mtpa False Niihama Kita thermal power station[2]

Table 3: Cost

Name Facility type Cost Total known terminal costs
Niihama LNG Terminal import US$593,000,000[3] US$593,000,000

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
Niihama LNG Terminal import operating[1] – – 2018 2022[1] –

Ownership

Table 5: Ownership

Name Facility type Status Owners Parent companies Operator
Niihama LNG Terminal import operating[1] Niihama LNG Co Ltd [100%][1][4] Tokyo Gas Co Ltd [50.1%]; Shikoku Electric Power Co Inc [30.1%]; Shikoku Gas Nenryo Co Ltd; Sumitomo Chemical Co Ltd; Sumitomo Metal Mining Co Ltd –

Background

In February 2018 Sumitomo announced that it would build a terminal in Niihama with a 230,000 cubic meter storage tank.[5] Sumitomo will work with Shikoku Electric Power, Shikoku Gas and Tokyo Gas Engineering Solutions in the development of the project.[5] The cost of the project was estimated to be 60-70 billion yen (US$547- US$639 million).[6]

The new 1 mtpa Niihama LNG terminal is under construction on Shikoku island with operations expected to start by February 2022. The terminal is planned to supply gas to a new 150 MW CCGT power plant scheduled to come online in July 2022.[7]

In February 2022, Tokyo Gas said it was set to issue "transition bonds" in order to fund three of its projects, including the Niihama LNG terminal. The 7-year and 10-year bonds, planned to be issued in March 2022, were reported to be worth about 20 billion yen (US$173.1 million).[8]

In March 2022, Niihama LNG terminal began operations.[9]

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 1.2 1.3 1.4 https://web.archive.org/web/20221005210324/https://www.argusmedia.com/en/news/2307222-japans-niihama-lng-terminal-starts-operations. Archived from the original on 05 October 2022. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)
  2. ↑ https://web.archive.org/web/20220709124019/https://lngjournal.com/index.php/latest-news-mainmenu-47/item/105182-japan-s-newest-regasification-terminal-niihama-lng-starts-to-supply-sumitomo-chemical-plant-on-shikoku-island. Archived from the original on 09 July 2022. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)
  3. ↑ https://www.offshore-energy.biz/tokyo-gas-unit-and-partners-to-build-niihama-lng-terminal-in-japan/. {{cite web}}: Missing or empty |title= (help)
  4. ↑ https://www.sumitomo-chem.co.jp/english/company/group/sector/. {{cite web}}: Missing or empty |title= (help)
  5. ↑ 5.0 5.1 Shikoku island to get a third LNG receiving terminal, Riviera, Feb. 7, 2018
  6. ↑ Tokyo Gas unit and partners to build Niihama LNG terminal in Japan, Offshore Energy, Feb. 6, 2018
  7. ↑ GIIGNL 2021 Annual Report, accessed May 5, 2021
  8. ↑ Tokyo Gas plans bond issue to fund Niihama LNG terminal, LNG Prime, Feb. 15, 2022
  9. ↑ "Japan's Niihama LNG terminal starts operations | Argus Media". www.argusmedia.com. 2022-03-02. Retrieved 2022-06-08.