13 Oct 2021 | 11:29 UTC

PipeChina releases spare LNG terminal slots from April 2022 to March 2023

State-owned China Oil & Gas Piping Network Corp, also known as PipeChina, has released the spare terminal slots for its seven LNG receiving terminals from April 2022 to Mar 2023, according to a notice posted on its official website on Oct. 12.

The infrastructure company currently operates seven LNG receiving terminals: Liaoning Dalian, Tianjin Nanjiang, Jieyang Yuedong, Shenzhen Diefu, Guangxi Beihai, Hainan Yangpu and Guangxi Fangchenggang.

The terminals are located along China's coastal cities from the northeast to the south, with a total LNG receiving capacity of 24.6 million mt/year, which accounts for one-quarter of China's total LNG receiving capacity of around 98.8 million/year, according to S&P Global Platts calculations.

PipeChina said on Sept. 30 that it had awarded medium to long-term LNG receiving terminal slots for a period of five to 20 years to 14 applicants. These contracts start from April 1, 2022, and the Terminal User Agreements are expected to be signed before Oct. 15.

PipeChina spare LNG terminal slots over Apr 2022-Mar 2023

Month
Dalian
Tianjin
Yuedong
Shenzhen
Beihai
Fangchenggang
Hainan
Total
Apr-22
6
1
1
3
3
4
1
19
May-22
6
3
2
3
3
4
1
22
Jun-22
6
5
0
3
4
4
1
23
Jul-22
6
2
1
2
2
6
2
21
Aug-22
6
0
1
2
4
5
2
20
Sep-22
5
0
1
3
3
6
1
19
Oct-22
6
4
0
3
4
5
2
24
Nov-22
2
0
0
2
1
5
2
12
Dec-22
0
0
0
2
1
4
2
9
Jan-23
0
0
0
2
2
3
1
8
Feb-23
4
2
0
4
4
4
2
20
Mar-23
5
3
0
4
3
3
2
20

Source: PipeChina

Editor:

Jonathan Fox