China Becomes World’s Second Largest LNG Importer

- Mar 07, 2018-

eia graph china 1.pngChina’s imports of natural gas have grown to meet increasing domestic natural gas consumption, which has been primarily driven by environmental policies to transition away from coal-fired electricity generation. The Chinese government has also implemented policies to convert several million residential households in China’s northern provinces, which traditionally rely on coal heating in the winter, to use natural gas-fired boilers instead.

Natural gas storage capacity in China is relatively limited, estimated at just three percent of total natural gas consumption. China’s seasonal peak demand is met primarily by natural gas imports, either by pipeline from Central Asia or by shipments of LNG. Despite increases in China’s domestic production and in pipeline imports in 2017, natural gas shortages in northern China led to record levels of LNG imports during the 2017 winter. Overall, natural gas imports accounted for 40 percent of China’s 2017 natural gas supply, and LNG made up more than half of those imports.

eia graph china 2.pngChina has 17 LNG import terminals at 14 ports along its coastline, with a combined regasification capacity of 7.4 Bcf/d. Annual utilization rates at LNG import terminals averaged about 50 percent from 2013 through 2016, but the rate increased to 69 percent in 2017. Colder-than-normal winter weather increased natural gas demand and led LNG import terminals in the northern and central coastal regions of China to exceed nameplate capacity by 30 percent and 20 percent, respectively, in December 2017.

eia graph china 3.pngThe U.S. Energy Information Administration (EIA) expects natural gas consumption in China to continue to increase, driven by economics and environmental policies, and imports and increasing domestic production will be used to meet growing demand. China’s LNG import capacity is expected to reach 11.2 Bcf/d by 2021, once capacity expansions at existing terminals and new terminals currently under construction are completed. The EIA also expects China’s imports of natural gas by pipeline to increase, especially as the Power of Siberia pipeline from Russia comes online by the end of 2019.

U.S. LNG exports to China increased significantly last year, from 17.2 Bcf in 2016 to 103 Bcf in 2017. China accounted for nearly 15 percent of U.S. LNG exports in 2017, behind only Mexico and South Korea. In November 2017, the U.S. and China signed several preliminary agreements for U.S. LNG exports to China, including exports from Sabine Pass on the Gulf Coast of Louisiana, the fully approved Delfin LNG offshore export project off Louisiana’s coast and the proposed Alaska LNG project. In February 2018, Cheniere Energy and the China National Petroleum Corporation signed two long-term contracts for LNG from Sabine Pass and a new LNG facility under construction near Corpus Christi, Texas.

p201707061528595639319.jpgFolding crane Knuckle Boom Crane Marine Crane Pedestal crane

OUCO Marine/Offshore folding crane Knuckle Boom Crane Marine Crane Pedestal crane

OUCO Marine/Offshore Folding crane Knuckle Boom Crane Marine Crane Pedestal crane Save space and still handle the most challenging jobs with the Knuckleboom crane. Flexible enough to maneuver into hard-to-reach locations, the Knuckleboom crane is perfect for cargo applications and locations with difficult access from overhead. OUCO Marine group can design the foldable cranes based on API-2C regulations and rules.


Advantages of this knuckle and telescopic boom crane pedestal crane:

Running smoothly.

Rates of speed can be changed. 

360 degrees rotary.

Both electro hydraulic and manual to control. 

Operate conveniently. 

Safety and reliability. 

Fold boom cranes have the ability to get into and service projects where regular mobile cranes don’t have the room necessary for a safe set up. This makes the folding boom crane ideal for several applications.

A Folding boom crane has two booms (main boom and an outer boom), which are attached by knuckle that allows the entire boom structure to move in and out, just in the same way our knuckles move the sections of our fingers. This movement allows a knuckle boom crane to fold into a very small size when transporting materials or squeezing into a small construction site. The mobility of a folding crane also allows an operator to clear the payload off their own deck. 

Typical Applications: Service cranes, Provision and cargo handling cranes, Fishing and fish farming cranes


Options

  • Remote control

  • Operator’s cabin

  • Lifting of personnel – man-riding

  • External hydraulic power packs

  • Anti-collision system

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  • Design according to rules and regulations API 2C.

  • Class Societies like ABS, CCS, DNV, LR, RMRS, etc.

  • Diesel hydraulic drive