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
10 December 2025
The economic and environmental cost of the seven-year exploration ban will be felt long after its removal
9 December 2025
The group’s oil production declined in November, our latest analysis finds, amid divided sentiment over market balances and geopolitical jitters
8 December 2025
The Caribbean country’s role in the global oil market is significantly diminished, but disruptions caused by outright conflict would still have implications for US Gulf Coast refineries
5 December 2025
Mistaken assumptions around an oil bull run that never happened are a warning over the talk of a supply glut






