Petrochina targets two LNG terminal startups in H2
The state-controlled Chinese firm is boosting import capacity as domestic demand continues to rise
Petrochina, one of China’s so-called ‘big three’ energy firms, will put the Tangshan LNG 3 and Jiangsu LNG 3 projects into operation in the second half of this year, as well as speeding up the construction of branch pipelines and other gas infrastructure. The firm boosted domestic gas production in the first half of 2021, but Chinese gas demand continues to rise at accelerated rates. The Tangshan LNG terminal is situated in the port of Caofeidian in northeast China’s Hubei province. Its third phase will lift LNG import capacity from 6.5mn t/yr to 10mn t/yr. The Jiangsu LNG terminal sits on an artificial island offshore of the city of Rudong, just north of Shanghai on China’s east coast. Phas
Also in this section
22 April 2026
The failure of OMV Petrom’s keenly watched exploration campaign at Bulgaria’s Han Asparuh block highlights the Black Sea’s uneven track record, despite major successes like Neptun Deep and Sakarya
22 April 2026
Sustained strikes on ports, terminals and refineries are testing the resilience of Russia’s oil export system, yet rapid repairs, rerouting and surging prices mean the campaign has yet to deliver a decisive blow
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security






