LNG

More LNG berths for north China but demand unclear

An aggressive push to boost LNG import infrastructure around China’s Bohai Bay could saddle the region with surplus capacity if future gas demand is underwhelming An aggressive push to boost LNG import infrastructure around China’s Bohai Bay could saddle the region with surplus capacity if future gas demand is underwhelming.
By Colin Shek 15 August 2018 0 32157
An LNG carrier being unloaded at PetroChina’s Tangshan LNG terminal An LNG carrier being unloaded at PetroChina’s Tangshan LNG terminal. (Engie)

China’s central government wants to triple the number of LNG carrier berths in the Bohai Bay within five years, but rising prices and questions over the region’s potential gas demand mean the infrastructure push could be unnecessary.

China’s Ministry of Transport released a plan this month that called for the construction of 11 new berths at various seaports in the Bohai Bay by 2022. To expedite the planning and siting of the berths, the ministry said existing LNG terminals in the provinces of Liaoning, Hebei and...