Located in Guangxi Zhuang in China, the Beihai regasification terminal is operated by China Oil & Gas Piping Network. The terminal started operations in 2016 and is owned by China National Petroleum, China Petrochemical, China National Offshore Oil, and others.
With a storage capacity of 0.58 million tons (Mt), the Beihai terminal currently has a regasification capacity of 292.2bcf/annum (billion cubic feet), which is expected remain the same as 292.2bcf/annum by 2030.
During the period 2021-2025, the Beihai regasification terminal is expected to witness an estimated capex of $292.5m.
MethodologyInformation on the terminal is sourced from GlobalData’s LNG regasification database that provides detailed information on all active and upcoming, large – scale LNG regasification terminals globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.