02
2023
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11
Domestic localization rate reaches 95%! China’s largest LNG storage tank has been put into operation.
With the heating season upon us, China’s capacity to ensure a stable supply of natural gas has strengthened. Today (November 2), the country’s first domestically developed 270,000-cubic-meter liquefied natural gas storage tank was commissioned in Qingdao. This is also the largest LNG storage tank in China, and its commissioning has significantly bolstered the region’s ability to secure natural gas supplies in North China.
With the heating season upon us, China’s capacity to ensure a stable supply of natural gas has strengthened. Today (November 2), the country’s first domestically developed 270,000-cubic-meter liquefied natural gas storage tank was commissioned in Qingdao—also the largest LNG storage tank in China. Its commissioning has significantly bolstered the region’s ability to secure natural gas supplies in North China.
China’s first 270,000-cubic-meter LNG storage tank is located in Qingdao, Shandong Province. With a diameter of 100.6 meters and a height of 55 meters, the tank’s interior can accommodate a domestically produced C919 wide-body airliner. It is currently the largest-capacity, fastest‑constructed, and first completed ultra‑large LNG storage tank in China.
Wu Bin, General Manager of Qingdao LNG Company, a subsidiary of Sinopec’s Natural Gas Division, stated: “During the construction phase, we collaborated with the project team to develop a complete set of technologies for 270,000-cubic-meter full-containment LNG storage tanks. At the same time, we significantly increased the use of domestically produced equipment, raising the localization rate of these tanks to 95%, making them the most highly localized LNG storage tanks currently available.”
As China’s natural gas consumption grows rapidly, the construction of infrastructure such as LNG receiving terminals is accelerating. Thanks to advances in domestic design and engineering capabilities, these terminals are expanding toward ultra-large storage capacities. With the commissioning of a 270,000-cubic-meter LNG storage tank, the Qingdao LNG receiving terminal has added 165 million cubic meters of storage capacity, enough to meet the gas demand of 2.16 million households over a five-month heating season.
Wu Bin, General Manager of Qingdao LNG Company, a subsidiary of Sinopec’s Natural Gas Division, stated: “The successful commissioning of this storage tank has increased the Qingdao LNG receiving terminal’s annual throughput capacity to 11 million tons and its annual gas supply capacity to over 16.5 billion cubic meters, officially elevating it to the ranks of LNG receiving terminals with an annual handling capacity in the tens of millions of tons.”
The Qingdao LNG Receiving Terminal is currently the only operational LNG receiving terminal in Shandong Province, serving a supply area that spans Shandong, Jiangsu, Anhui, Hebei, and Henan provinces and municipalities, and serving as one of the primary gas sources for North China. Since its commissioning in November 2014, the terminal has delivered over 44.8 billion cubic meters of natural gas to the grid.
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