Chinese corporation plans to launch LNG plant in Khabarovsk in 2025

VLADIVOSTOK. June 29 (Interfax) - Far Eastern Corporation Xinxing LLC, a subsidiary of China's Zhongyu Xinxing Energy Industry Corporation, plans to commission a natural gas liquefaction plant with a capacity of 300,000 cm per day in the Khabarovsk Territory in 2025, CEO Li Shaoshi said.

"We plan to invest in the construction of a 100,000 sq. m. LNG plant with a capacity of 300,000 cm per day in the Khabarovsk Territory. We expect to commission it in 2025. The LNG will mainly go to meet the needs of the population of the Far East," he said, speaking at the Eastern Oil and Gas Forum in Vladivostok on Thursday.

Part of the production, he said, will be transported by rail across the newly commissioned Nizhneleninskoye-Tongjiang Bridge to the eastern part of Heilongjiang province in China, and will also meet the needs of the markets in the border regions of China and Russia.

At the same time, Li Shaoshi did not specify the raw material base for the new plant, given that there is no gas production in the Khabarovsk Territory. The only field in the region, Adnikanskoye, has been mothballed for a long time, and now the license holder is exploring it. In the future, subject to confirmation of profitability, he is planning independently to build 10 mini-LNG plants to supply the region.

The General Director of Xinxing also confirmed plans announced in April 2022 to build an LNG plant in the Valentine port of Five Hunters Bay in Primorsky Territory as well as an LNG and LPG transshipment terminal in the Jewish Autonomous Region near the Nizhneleninskoye-Tongjiang border crossing. Then, it was reported that the capacity of the LNG plant in Primorye would be 7 million tonnes per year with commissioning in 2027, and in the Khabarovsk Territory, it would reach 80 thousand tonnes per year. Investments in the project were estimated at 490 billion rubles.