March 10, 2020 / 8:31 AM / a month ago

FACTBOX -China CNOOC's gas receiving terminals and power plants

    March 10 (Reuters) - China National Offshore Oil and Gas Corp (CNOOC) is set to inject its
struggling natural gas terminal and power unit into its flagship listed vehicle CNOOC Ltd
, three senior sources with knowledge of the matter said.
    CNOOC, a pioneer in China's liquefied natural gas (LNG) business, is the country's largest
investor of receiving terminals of the super-chilled fuel, operating 10 facilities along the
country's east coast with total annual receiving capacity of 34.4 million tonnes.
    It is building another three, which will take the total to 45.4 million tonnes annually.
    The state group is China's top LNG importer via multi-year supply deals with exporters such
as Australia, Qatar, Indonesia and the United States.  
    As part of a Beijing-orchestrated industry reshuffle, CNOOC will likely transfer seven of
the terminals, with combined annual handling capacity of nearly 20 million tonnes, to PipeChina,
a new national energy giant created last December to govern China's oil and gas infrastructure.
    The seven terminals are Tianjin, Yuedong, Yangpu and Shenzhen Diefu, Fangchenggang,
Zhangzhou and Longkou, according to a company source.  
    
    For a list of CNOOC's LNG terminals and power plants, compiled based on company reports and
Chinese state media, see below. Terminal capacity is in million tonnes per annum; storage in
1,000 cubic metres and power plants in megawatts. 
    (* Indicate terminals likely to be transferred to PipeChina)
  
 LOCATION         DEVELOPER                 CAPACITY  STARTUP       STORAGE  STORAGE UNDER
                                                                             BUILD/STARTUP
 *Tianjin         CNOOC, Tianjin Port,      2.2       Late 2013     2*30,    4*220 / 2022
                  Tianjin Gas                                       1*160    
 Shanghai         Shenergy Group, CNOOC     3         Late 2009     3*165    2*200 / 2020
 Ningbo           CNOOC, Zhejiang Energy    3         Late 2012     3*160    3*160 / 2020
 Putian           CNOOC, Fujian Investment  6.3       Early 2009    6*160                 
                  & Development Group                                        
 *Yuedong         CNOOC                     2         Mid 2017      3*160                 
 Dapeng           CNOOC, BP, Shenzhen Gas   6.8       Late 2006     4*160                 
 *Diefu           CNOOC, Shenzhen Energy    4         Mid 2018      4*160                 
 Zhuhai           CNOOC, Guangzhou Gas,     3.5       Late 2013     3*160                 
                  Guangdong Energy                                           
 *Yangpu          CNOOC, Guodian            3         Mid 2014      2*160                 
 *Fangchenggang   CNOOC, Fangcheng Port     0.6       Early 2019    2*30                  
 *Longkou         CNOOC, Nanshan Group      5                 2023           6*220
 Binhai           CNOOC, Huainan Mining     3                 2022           4*220
                  Group                                                      
 *Zhangzhou       CNOOC, Fujian Investment  3                 2022           2*160
                  & Development Group                                        
 CNOOC ranks fifth in China's gas-fuelled power installations, having invested in seven plants in
south China's Guangdong,Fujian and Hainan provinces, with combined installed capacity of 8.7
gigawatts. 
 LOCATION    DEVELOPER      CAPACITY  STARTUP BY PHASES
 Zhongshan   CNOOC             2,410          1997/2014
                                      
                                      
 Putian      CNOOC             1,560          2008/2010
 Yangpu      CNOOC               440          1995/2003
 Shenzhen    CNOOC               595          2003/2005
 Zhuhai      CNOOC               920               2014
 Funing      CNOOC               200               2022
 Huizhou     Yudean, CNOOC     2,550          2007/2019
                                      
                                      
 
 (Reporting by Chen Aizhu; Editing by Himani Sarkar)
  
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