China's largest LNG reserve base - CNOOC Yancheng "Green Energy Port" put into operation

On September 26, after a 16-day, 6,000-nautical-mile voyage, the Alkashamiya liquefied natural gas (LNG) transport vessel from Qatar arrived in Yancheng, Jiangsu Province
.
China's largest LNG reserve base, CNOOC Yancheng "Green Energy Port", began to receive and unload the first LNG, marking the official commissioning of
the base.

Wang Dongjin, chairman of CNOOC, said that the commissioning of the base is of great significance to the diversification of natural gas supply channels in East China and the peak regulation and supply of natural gas reserves, which will greatly enhance the supply capacity of clean energy in East China and help the high-quality development of the
Yangtze River Economic Belt.

CNOOC Yancheng "Green Energy Port" located in Yancheng is a key planning project for the construction and interconnection of national natural gas production, supply, storage and marketing system, and the first phase of the project is to build 10 large-scale LNG storage tanks, including 4 storage tanks of 220,000 cubic meters and 6 storage tanks of 270,000 cubic meters, with a total tank capacity of 2.
5 million cubic meters, which is the largest LNG reserve base in China
.
According to the calculation of annual treatment capacity of 6 million tons, the annual emission of carbon dioxide can be reduced by 37.
64 million tons, and the emission of nitrogen oxides can be reduced by 668,000 tons, which is equivalent to the afforestation of 80 million trees
.

With the rapid growth of natural gas consumption in China, infrastructure construction such as LNG receiving stations has accelerated
.
In 2006, CNOOC Guangdong Dapeng Receiving Station was put into operation, and China's LNG industry achieved a breakthrough
of zero.
By the end of 2021, China has built 22 coastal LNG receiving stations, with a total receiving capacity of 92.
27 million tons.

Among them, 16 new receiving stations have been built in the past ten years, with a new receiving capacity of 59.
17 million tons, an annual compound growth rate of 10.
8%, and the construction scale ranks first in the
world.

The large-scale and rapid construction of LNG receiving stations benefits from the independent mastery of design and construction technology and China's strong infrastructure construction capabilities
.
Shi Chenggang, chairman of CNOOC Gas and Power Group, said that CNOOC took the lead in entering the LNG field in China, independently developed and established 13 major technical systems such as intelligent new-type LNG receiving station and new low-temperature storage, mastered the design and construction capacity of the world's largest 270,000 cubic meters of storage tanks, and reached the world-class level as a whole, pressing the fast-forward button
for the construction of LNG receiving stations in China.

At present, China's natural gas consumption is in a stage of
rapid growth.
The National Development and Reform Commission proposed that by 2030, natural gas will account for 15% of domestic primary energy consumption, while the current proportion is still less than 10%, and the construction of natural gas production, supply, storage and marketing system still needs to be accelerated
.

Shi Chenggang introduced that in addition to CNOOC Yancheng's "green energy port", CNOOC is actively promoting the expansion of multiple receiving stations in Ningbo, Zhuhai and other places, and has begun to expand 11 270,000-cubic-meter storage tanks, which will basically double
the storage capacity of these receiving stations.