Project Profile
Value: US$1.5 billion
Location: Zhejiang province, China
Loading capacity: 500,000 tons of LNG per year
Storage capacity: 5 X 200,000 cbm storage tanks
Length: 25 km natural gas pipeline
Start-up Year: 2016
Wenzhou LNG terminal is a 3 million tonnes per year of LNG terminal would be able to load LNG carriers with the capacity of 80,000 cbm to 266,000 cbm. The facility would include five 200,000 cbm storage tanks and an LNG loading facility with a capacity of 500,000 tons of LNG per year which is intended to be completed in 2016. The projects itself, including the 25 km natural gas pipeline, would cost about US$1.5 billion or 9.3 billion yuan. The construction is expected to start in September 2015 and take just under three years. In July 2015, China’s Oceanic Administration issued an oceanic environment assessment report of the terminal.
Operators:
Sinopec: Operator with 100% interest