Project Profile
Location: Beilun, City of Ningbo, Zhejiang Province, China
Value: First Phase - US$1.11 billion, Second Phase - US$4.54 billion
Area: Undisclosed
Storage capacity: 160,000 cubic metres
Start-up Year: 01.12.2009 (Phase 1), 2020 (Phase 2)
Zhejiang Liquefied Natural Gas (LNG) Terminal is located in Beilun near the city of Ningbo in China's Zhejiang Province. The project was approved by the National Development and Reform Commission of China in December 2004. Construction of the terminal was started in December 2009.
The terminal is being developed in two phases. The first phase with a receiving capacity of three million tonnes per year was undertaken at a cost of US$1.11 billion. It came on stream in September 2012, with the delivery of first LNG shipment by QatarGas LNG's Zarga Q-Max LNG vessel. It includes a berth and three storage tanks with a capacity of 160,000 m3 each. The berth is capable of docking the world's largest LNG tankers, including QMax LNG vessels with capacities of between 80,000 m3 to 266,000 m3. The storage tanks have a concrete outer tank and an inner tank made of 9% nickel. The inner tank features a carbon steel liner on the inside which stops vapour from escaping. The inner diameter of the tanks is 82 m and the concrete wall thickness is 0.7 0m. The tanks feature submerged pumps, safety valves, fire detection systems and other electrical equipment. The third tank B was tested in October 2012 after it was successfully loaded with LNG. Testing of the remaining two tanks, A and C, was completed in November 2012. The second phase will increase the terminal's capacity to 6 million tonnes per year by 2017. It will bring the total cost of the project to US$4.54 billion.
Operators:
CNOOC: 51% interest
Zhejiang Energy Company: 29%
Ningbo Power: 20%
Contractors:
QatarGas: Sale and Purchase Agreement for the supply of a total of 2 million mt/year of LNG
Chengda Engineering: Engineering services contract which included preliminary and detailed designs and site services for the terminal
TGE Gas Engineering: Responsible for design, construction, inspection and testing of the LNG storage tanks
Subcontractors:
Shanghai Speedo Anti-Corrosion & Insulation Engineering: Supply insulation materials for the storage tanks.