Qingdao LNG - Sinopec
Key Metrics
| Metric | Value |
|---|---|
| Company | Sinopec Qingdao LNG Co., Ltd. |
| Telephone | 0531-58658650 |
| Registered capital | 375,000 (10,000 yuan) |
| Registered address | Floors 21-23, Tower 1, Excellence Financial Plaza, No. 197 Shuangzhu Road, Huangdao District, Qingdao, Shandong |
| Site | Huangdao District, Qingdao, Shandong |
| Key facilities | 6 x 160,000 m3; 1 x 270,000 m3 |
| Bonded storage | None |
| Receiving capacity | 1100 (10,000 t/y) |
| Gas send-out tariff | RMB 0.19 |
| Liquid truck-out tariff | RMB 0.19 |
| Shareholders | Sinopec 79.2%, Qingdao Energy Group 20%, Qingdao Port International 0.8% |
| Commissioned | 2014 |
| 2024 imports | 548 (10,000 t) |
Overview
Qingdao LNG was Sinopec's first LNG project. On 14 November 2014, the first LNG carrier, Coronis, arrived and the terminal formally entered operation.
On 10 January 2022, two new send-out routes, the Kunlun Shihua BOG line and the Qingning pipeline, were commissioned together, marking the full operation of the terminal's phase III project and creating an integrated outbound system with two BOG routes and three trunklines. On 2 November 2023, the terminal commissioned the world's largest LNG storage tank and China's first 270,000 m3 LNG tank. On 2 June 2024, it used its dual-berth jetty configuration to complete China's first simultaneous LNG vessel gassing-up trial and cargo discharge operation, opening a new operating model for LNG storage and logistics assets. In 2023, Qingdao LNG ranked third among Chinese LNG terminals by total discharge volume.
Milestones
14 November 2014
Qingdao LNG discharged its first cargo from Papua New Guinea, marking the commercial start-up of Sinopec's first LNG terminal.
15 April 2015
Asia's first light-hydrocarbon recovery unit at an LNG terminal was completed.
2 March 2018
Cumulative discharge volume exceeded 10 million tonnes.
15 January 2021
A new intelligent operations management platform entered service.
7 September 2022
An intelligent inspection robot was introduced for the first time.
2 November 2023
China's first 270,000 m3 LNG tank, also the world's largest gas storage tank by capacity, entered operation.
29 December 2023
China's first fully automated LNG truck-loading skid was commissioned.
13 January 2024
Shandong's first dual-berth LNG jetty entered operation.
2 June 2024
The terminal completed China's first simultaneous LNG vessel gassing-up trial and unloading operation using its dual-berth jetty.
References
1. Qingdao LNG terminal: ten years of progress and a new chapter for Sinopec's first LNG site