Energy storage technology developed by cnooc

What is CNOOC storage tank core technology?

The storage tank core technology is independently designed by CNOOC, marking a comprehensive breakthrough in the design and construction technology of super-large volume LNG storage tanks in China, reaching the global leading level.

How much will CNOOC's LNG tank project cost?

In all, six tanks independently developed and designed by CNOOC will be built at a cost of 6.1 billion yuan ($955.9 million). In the first phase, four LNG storage tanks had been built. Upon completion at the end of 2023, the full project will have 10 tanks, including six new ultra-large tanks, which will have a total volume of 270,000 cubic meters.

How many LNG storage tanks does COOEC have?

As an EPC contractor, COOEC has undertaken more than 10 key onshore oil and gas comprehensive terminal engineering projects. There are currently 41 LNG storage tanks in operation and under construction, with storage capacity ranging from 30,000 cubic meters to the world's largest capacity of 270,000 cubic meters.

Will CNOOC start operations at the same time?

Supporting facilities will start operations at the same time. The Jiangsu LNG Binhai Receiving Station, which will house CNOOC's upcoming six LNG storage tanks, will have an annual LNG processing capacity of 6 million metric tons and will become the largest LNG storage base in China, said CNOOC.

Why is CNOOC expanding LNG projects in Jiangsu?

Wang Dongjin, chairman of CNOOC, said the expansion of the LNG projects in Jiangsu is in accordance with the government's plan to step up natural gas supply. As the leader of the country's LNG sector, CNOOC will continue accelerating the clean energy supply capacity to help China achieve carbon neutrality on time.

What does CNOOC do in Qingdao?

An employee of CNOOC cleans LNG transmission facilities in Qingdao, Shandong province. [Photo by Yu Fangping/For China Daily] Jiangsu facility will cost $956m, boost green push, spur gas tank technology