(ECNS) -- The world's three largest liquefied natural gas storage tanks, currently under construction by China National Offshore Oil Corp, finished dome lifting operations on Wednesday in East China's Jiangsu province.
Upon completion at the end of 2023, the three LNG tanks will further enhance China's natural gas storage capacity, according to its operator.
This, industry experts said, is a milestone for China's ultra-large LNG storage tank design and construction capabilities as well as its project management prowess, both of which are now considered world-class.
The three LNG storage tanks, each with a capacity of 270,000 cubic meters, are located in Yancheng Binhai Port Industrial Park. They are part of the company's LNG terminal project that includes six new ultra-large tanks and four large tanks, with a total storage volume of 2.5 million cubic meters, said the country's top offshore oil and gas driller in a release.
The project is tipped to become the largest LNG storage base in China with an annual LNG processing capacity of around 6 million metric tons. That is equivalent of 8.5 billion cubic meters of natural gas that can meet the gas demand of residents in Jiangsu for 28 months, it said.