Sinopec puts Shandong LNG terminal into operation

China’s Sinopec said it has started up its first LNG terminal in Qingdao, Shandong province. 

The start-up of operations at the terminal was marked with the delivery of LNG cargo from ExxonMobil’s Papua New Guinea LNG project onboard the 153,600 cbm Gaslog Chelsea.

In 2009, Sinopec and ExxonMobil signed a long-term deal for Sinopec to buy 2 million tonnes per annum from the PNG LNG project for a period of 20 years.

Initial capacity of the Shandong LNG terminal is set to 3 mtpa with a planned expansion to 5-6 mtpa in Phase II.

LNG World News Staff; Image: Oil Search