On July 31, the National Development and Reform Commission announced the "Approval on the Approval of Beijing Gas Tianjin Nangang Liquefied Natural Gas Emergency Reserve Project". The approval document showed that the National Development and Reform Commission agreed to construct the project.

The LNG receiving station project is located in Nangang Industrial Zone, Binhai New District, Tianjin. The construction content mainly includes three parts: receiving station, wharf and export pipeline. The main construction content of the receiving station includes: 10 200,000 cubic meters of LNG storage tanks and related supporting facilities for unloading, gasification, and loading, and two 200,000 cubic meters of storage tanks are reserved for expansion; the terminal project mainly includes: new construction 1 reliable berth for LNG ship loading and unloading of 1 to 266,000 cubic meters (taking into account the berthing demand of 5,000 cubic meters of LNG ships), with a designed loading and unloading capacity of 5 million tons/year; the export pipeline project mainly includes: a new design The 4.5 billion cubic meters/year export pipeline starts from the project's export metering area, passes through Tianjin and Hebei provinces and cities, and ends at the southern terminal station in Beijing. The length of the line is 229 kilometers, the design pressure is 10 MPa, and the design pipe The diameter is 1219/1016 mm, and 5 sub-transmission stations and 10 shut-off valve chambers are set along the line. According to the Measures for the Approval of the Capacity of Liquefied Natural Gas Receiving Stations (SY/T 7434-2018), the maximum capacity of this receiving station is 6.18 million tons per year.

The total investment of the project is 20.13 billion yuan (including foreign exchange of 177 million US dollars), of which construction investment is 19.26 billion yuan, construction period interest is 840 million yuan, and initial working capital is 30 million yuan. 20% of the total investment of the project is capital funded by the project owner’s own funds. The Beijing Municipal Government provides 30% of the construction funds in the form of subsidies, and the remaining funds are solved by the project owner’s application for bank loans (including the Asian Infrastructure Investment Bank 500 million US dollars) Government sovereign guarantee loans). Editor/Huang Lijun