Zhong Guo Xin Wen Wang·2025-09-19 10:29Core Viewpoint - The China National Offshore Oil Corporation (CNOOC) has established the Yancheng "Green Energy Port," which is the largest liquefied natural gas (LNG) energy hub in China, enhancing the country's natural gas supply chain and supporting regional economic development [1][2] Group 1: Project Overview - The Yancheng "Green Energy Port" is a key project for the national natural gas "production, supply, storage, and marketing" system, built by CNOOC in the coastal port area of Yancheng [1] - The port has a total storage capacity of 2.5 million cubic meters, with an annual processing capacity exceeding 6 million tons, making it the largest LNG energy hub in the country [1] - As of now, the project has received a cumulative total of 7.84 million tons of LNG, supplying over 9.8 billion cubic meters of natural gas to the Yangtze River Delta and surrounding areas [1] Group 2: Business Expansion - The Yancheng "Green Energy Port" has expanded its operations to include cold energy utilization and gas power generation, establishing China's first LNG cold energy exchange center [2] - The port is set to operate bonded LNG storage tanks, with projected bonded imports reaching 5.332 billion yuan in 2024 [2] - In 2025, the port plans to initiate LNG transshipment trade, with bonded imports and exports expected to reach 3.645 billion yuan in the first half of the year, further enhancing the port's functionality and supporting high-quality local economic development [2]