China National Petroleum will operate the upcoming Shenzhen I LNG regasification terminal, proposed to be built in Guangdong in China. According to GlobalData, who tracks more than 1,100 active and developing LNG terminals worldwide, the terminal is expected to start operations in 2024 and will be owned by China National Petroleum, CLP Holdings, and Shenzhen Gas. Buy the profile here.
The Shenzhen I LNG regasification terminal has a proposed regasification capacity of 146.1bcf/annum (billion cubic feet) and storage capacity of 0.37 million tons (Mt).
During the period 2021-2025, the Shenzhen I regasification terminal is expected to witness an estimated capex of $499.2m.
Contractors involved in the regasification plant
Some of the key contractors for the Shenzhen I LNG regasification terminal include -EPC: Meyts Structural Consulting.
About China National Petroleum
China National Petroleum Corp (CNPC) is an integrated energy company with operations encompassing the entire oil and gas industry value chain. Its businesses include exploration and production; natural gas sales, oilfield services, refining and chemicals, marketing and trading, engineering and construction, manufacturing, new energy development and finance. CNPC also designs and constructs oil and gas field production facilities, pipeline, storage tank, refinery and chemical plant, and offshore structures. It provides services in geophysical prospecting, drilling, well logging, mud logging and downhole operations. The company also has presence in new energy development, capital management, finance and insurance service sectors. CNPC is headquartered in Beijing, China.
For more details on the Shenzhen I LNG Regasification Terminal, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
