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October 11, 2021

Qingdao LNG Regasification Terminal, China

By Carmen

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 0.29 million tons (Mt), the Qingdao terminal currently has a regasification capacity of 297.07bcf/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.

 

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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