China Oil & Gas Piping Network will operate the upcoming Zhangzhou LNG regasification terminal, proposed to be built in Fujian in China. The terminal is expected to start operations in 2022 and will be owned by China National Petroleum, China Petrochemical, China National Offshore Oil, and others.
The Zhangzhou LNG regasification terminal has a proposed regasification capacity of 146.1bcf/annum (billion cubic feet) and storage capacity of 0.22 million tons (Mt).
Subsequent expansion at the Zhangzhou regasification terminal will increase its capacity by 146.1bcf/annum.
During the period 2021-2025, the Zhangzhou regasification terminal is expected to witness an estimated capex of $297.6m.
Contractors involved in the regasification plant
Some of the key contractors for the Zhangzhou LNG regasification terminal include –
Main EPC: CNOOC Gas & Power, Fujian Investment and Development Group.
EPC: China Communications Construction.
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.