Weihai LNG Terminal

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Weihai LNG Terminal, also known as 中石油SK威海南海新港LNG接收站, is a cancelled (inferred 4 y) LNG import terminal in China.

Location

Table 1: Location details

Name Location Coordinates (WGS 84)
Weihai LNG Terminal Nangang New Port, Weihai, Shandong, China[1] 36.913393, 122.052635 (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
Weihai LNG Terminal import[2] cancelled (inferred 4 y) 3 mtpa 3.0 mtpa False –

Table 3: Cost

Name Facility type Cost Total known terminal costs
Weihai LNG Terminal import[2] US$1,600,000,000 (10,000,000,000 RMB) US$1,600,000,000

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
Weihai LNG Terminal import[2] cancelled (inferred 4 y) 2020[2][3] – – –[2][2] 2024 (cancelled)

Ownership

Table 5: Ownership

Name Facility type Status Owners Parent companies Operator
Weihai LNG Terminal import[2] cancelled (inferred 4 y) China National Petroleum Corp; SK Inc[2][3][2][3] China National Petroleum Corp; SK Inc –

Background

A plan to build the 3-mtpa terminal was disclosed by CNPC and SK Group in March 2020.[4] gas power station was also planned along with the LNG terminal. [4]The total investment is estimated at 10 billion yuan ($1.54 billion)[5]

As of 2022, there was not evidence for further development of the terminal in over two years, and it is considered shelved.

As of January 2024, the project has no further development and is considered cancelled.

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. ↑ http://finance.eastmoney.com/a/202003031404509512.html. {{cite web}}: Missing or empty |title= (help)
  2. ↑ 2.0 2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 http://www.ccin.com.cn/detail/dfcc0c8b1933097a66fbbbcd7cf1024a/news. {{cite web}}: Missing or empty |title= (help)
  3. ↑ 3.0 3.1 3.2 https://www.swpu.edu.cn/og/info/1033/4017.htm. {{cite web}}: Missing or empty |title= (help)
  4. ↑ 4.0 4.1 中石油韩国SK合建威海接收站 山东LNG储销项目按下快进键, East Money, Source: 经济导报,Mar. 3, 2020
  5. ↑ 100亿!中石油与韩国SK拿下威海LNG接收站和燃气热电联产项目 Source:中化新网, 02/27/2020