Zhejiang Ningbo LNG (Phase 2)

OperationalChina (Mainland)·Regasification (Import)

Project Details

CountryChina (Mainland)

LocationZhejiang

Terminal TypeRegasification (Import)

Rig TypeOnshore

Capacity3 mtpa / 4.1 bcm

Trains—

Start Date01-Jan-2021

Cost (US$bn)3.44

Origin—

Destination—

OwnersChina National Offshore Oil Corporation (CNOOC) [Operator] {China (Mainland)}, Zhejiang Energy Group {China (Mainland)}, Ningbo Power Development {China (Mainland)}

Buyers—

Status Notes

July 2026 - The project is owned by China National Offshore Oil Corporation; The terminal has commenced operation in June 2021; Project Cost - CNY21.63bn

Last reviewed: 10 Jul 2026