Located in Shandong in China, the Qingdao regasification terminal is operated by Sinopec Qingdao LNG. The terminal started operations in 2014 and is owned by China Petrochemical.
With a storage capacity of 0.44 million tons (Mt), the Qingdao terminal currently has a regasification capacity of 340.9bcf/annum (billion cubic feet), which is expected to increase to 681.8bcf/annum by 2030.
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Qingdao regasification terminal is undergoing expansion, which will increase its capacity by 340.9bcf/annum.
During the period 2021-2025, the Qingdao regasification terminal is expected to witness an estimated capex of $990.55m.
Contractors involved in the regasification plant
Some of the key contractors for the upcoming expansion at the Qingdao regasification terminal include the following.
Main EPC: China Petrochemical.
See Also:
Methodology
Information 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.
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