Guangdong Energy Group, a state-owned enterprise in Guangdong province, has issued an EPC (Engineering, Procurement and Construction) tender for four 270,000-cubic-meter mega LNG (Liquefied Natural Gas) storage tanks, part of the Phase 2 expansion of the Huizhou LNG terminal at Pinghai Town (Baishahu), Huidong County, Huizhou City, adjoining the existing Phase 1 site. This tender covers the first stage of Phase 2, with Tanks No. 5 and No. 6 planned for addition later. The estimated tender price is approximately RMB 580 million (roughly KRW 112 billion), and the EPC contract will cover the full scope from basic engineering through commissioning and handover.
The project covers construction of four 270,000-cubic-meter mega storage tanks, the core facility of Guangdong Energy Group’s Huizhou LNG terminal expansion. The site was selected as an extension of the existing Phase 1 terminal at Pinghai Town, Baishahu, Huidong County, and ancillary facilities such as unloading and vaporization systems are reportedly also under consideration alongside the storage tanks. Under the EPC arrangement, a single contractor will be responsible for basic engineering, procurement, construction, commissioning, and handover. Structural safety and airtightness under cryogenic conditions are considered the key technical challenges for mega LNG storage tanks, and the storage tank technology and licensor have not yet been disclosed.
The estimated tender price is approximately RMB 580 million (roughly KRW 112 billion), covering four 270,000-cubic-meter LNG storage tanks in the first stage of Phase 2. Tanks No. 5 and No. 6 are planned for future addition, and once the full Phase 2 expansion is complete, the Huizhou LNG terminal’s throughput capacity will expand to 7.45 million tons per year.
The expansion extends Guangdong province’s ongoing strategy of building out LNG import infrastructure to strengthen natural gas supply security and meet rising demand from power generation and city gas, and aligns with the broader shift toward natural gas displacing coal in the region’s energy transition.
The storage tank expansion at Huizhou LNG terminal illustrates the continued pace of infrastructure investment aimed at securing natural gas supply stability in southern China’s Guangdong region. Ordering four mega 270,000-cubic-meter tanks in a single tender suggests an effort to capture economies of scale through bulk procurement. As the tender is led by a state-owned enterprise, it also aligns closely with provincial-level energy security policy. The single-package EPC approach offers advantages in shortening the construction schedule and clarifying accountability, though it may limit the pool of eligible contractors. Once completed, the expanded 7.45-million-ton annual throughput capacity is expected to further reinforce Huizhou’s position as a major LNG hub within Guangdong province. The phased structure of Phase 2 — split between this first stage and the later addition of Tanks No. 5 and No. 6 — reflects a staged investment strategy common to large infrastructure projects, aimed at spreading capital outlays in line with the pace of demand growth.
The tender results and timing of EPC contractor selection warrant close attention. The schedule for the additional Tank No. 5 and No. 6 order and the overall completion target for Phase 2 are also worth watching. In addition, the selection of storage tank technology licensors and key equipment suppliers, as well as whether the planned capacity expansion is realized on schedule after completion, merit continued monitoring.