Zhejiang Energy Wenzhou LNG

Zhejiang Energy Wenzhou LNG (浙江能源温州 LNG) is a liquefied natural gas (LNG) infrastructure brand associated with Zhejiang Provincial Energy Group Co., Ltd. (浙江省能源集团有限公司), the state-owned energy group of Zhejiang Province, China. The brand represents the group's LNG receiving terminal and related natural gas supply activities in Wenzhou, a coastal city in southeastern Zhejiang. As part of Zhejiang Energy Group's natural gas segment, it contributes to the province's LNG import, storage, regasification and distribution capacity, helping to secure gas supply for residential, industrial and power generation users. Zhejiang Energy Group was established in 2001, formed on the basis of the former Zhejiang Provincial Electric Power Development Company and Zhejiang Provincial Coal Group Company. Through mergers and reorganizations it absorbed the provincial Guoxin Group, Water Resources and Hydropower Group and Changguang Group, and acquired Ningbo Marine. Its business covers power, coal, oil, natural gas, new energy, as well as energy technology, services, environmental protection, equipment and finance. The group describes itself as a modern comprehensive energy group with a full range of energy categories and as the main force for energy supply security and a key engine for technological innovation in Zhejiang Province. Within this group, the Wenzhou LNG terminal is a key piece of natural gas infrastructure. Zhejiang Energy Group states that its annual natural gas supply accounts for roughly 70% of the province's total, and its coal-fired power generation under unified dispatch accounts for about 50%. LNG terminals such as the one in Wenzhou are essential for receiving imported LNG, regasifying it and feeding it into the provincial pipeline network, thereby diversifying supply sources and enhancing peak-shaving capability. The Wenzhou LNG brand therefore sits at the midstream of the gas value chain, linking international LNG procurement with downstream city gas and industrial users. The group is also active in new energy and marine industries, including deep-sea offshore wind. It has led the establishment of the provincial offshore wind company and commenced construction of China's first deep-sea offshore wind mother port (the East China Deep-Sea Offshore Wind Mother Port) and its first deep-sea offshore wind project. These activities are part of a broader energy transition strategy under the "four revolutions, one cooperation" energy security new strategy. The Wenzhou LNG brand operates within this context of securing traditional energy supply while advancing green transition. As a state-owned enterprise, Zhejiang Energy Group is supervised by the Zhejiang provincial government and is not listed on a stock exchange at the group level, although it has listed subsidiaries. The Wenzhou LNG terminal is one of the group's strategic assets in the natural gas chain, alongside LNG procurement, pipeline gas and city gas distribution. The brand is primarily known in industry and government circles rather than to consumers, and its public profile is tied to the parent group's corporate communications and provincial energy planning.

Zhejiang Energy Wenzhou LNG is a brand within the natural gas infrastructure segment of Zhejiang Provincial Energy Group Co., Ltd. (浙江省能源集团有限公司), a state-owned enterprise established in 2001. The group was formed on the basis of the former Zhejiang Provincial Electric Power Development Company and Zhejiang Provincial Coal Group Company. Through a series of mergers and reorganizations, it absorbed the provincial Guoxin Group, Water Resources and Hydropower Group and Changguang Group, and acquired Ningbo Marine. Its business now spans power, coal, oil, natural gas, new energy, and related energy technology, services, environmental protection, equipment and finance. The group's natural gas business is a core part of its portfolio. According to the company profile, its annual natural gas supply accounts for approximately 70% of Zhejiang Province's total, while its coal-fired power generation under unified dispatch accounts for about 50%. To support this, Zhejiang Energy Group has invested in LNG receiving terminals and related infrastructure. The Wenzhou LNG terminal is one such asset, located in Wenzhou, a coastal city in southeastern Zhejiang. It is designed to receive imported LNG, store it, regasify it and feed it into the provincial natural gas pipeline network. The development of LNG infrastructure in Zhejiang is part of a broader provincial strategy to diversify energy sources, improve air quality by switching from coal to gas, and enhance energy security. Zhejiang Energy Group, as the province's main energy supply entity, has been tasked with ensuring stable and affordable energy supply. The Wenzhou LNG terminal contributes to this by providing an additional import route and storage capacity, helping to balance seasonal demand peaks and supply disruptions. In recent years, Zhejiang Energy Group has also expanded into new energy areas. It led the establishment of the provincial offshore wind company and began construction of China's first deep-sea offshore wind mother port (the East China Deep-Sea Offshore Wind Mother Port) and its first deep-sea offshore wind project. These initiatives are guided by the "four revolutions, one cooperation" energy security new strategy. The group has also been selected for the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council's "World-Class Professional Leading Demonstration Enterprise" program, and it leads the Bai Ma Lake Laboratory, an energy and carbon neutrality laboratory in Zhejiang. Within this evolving energy landscape, Zhejiang Energy Wenzhou LNG represents the group's commitment to natural gas as a bridge fuel and a key component of the energy mix. While specific details about the terminal's capacity, investment and operational timeline are not provided in the available evidence, the brand's existence and role are tied to the parent group's stated activities in natural gas supply and infrastructure. The brand is primarily known in industry and government contexts, and its public communications are integrated with those of Zhejiang Energy Group.

• 2001

  Zhejiang Provincial Energy Group Co., Ltd. is established on the basis of the former Zhejiang Provincial Electric Power Development Company and Zhejiang Provincial Coal Group Company.

• Zhejiang Energy Group absorbs and reorganizes provincial Guoxin Group, Water Resources and Hydropower Group and Changguang Group, and acquires Ningbo Marine.

• Zhejiang Energy Group's annual natural gas supply reaches approximately 70% of Zhejiang Province's total.

• Zhejiang Energy Group leads the establishment of the provincial offshore wind company and begins construction of China's first deep-sea offshore wind mother port and first deep-sea offshore wind project.

Midstream LNG infrastructure and natural gas supply brand under Zhejiang Provincial Energy Group, supporting provincial energy security and gas supply.

• Wenzhou LNG terminal

  LNG receiving, storage and regasification facility in Wenzhou, Zhejiang, part of Zhejiang Energy Group's natural gas infrastructure.

• Natural gas supply

  Supply of natural gas to residential, industrial and power generation users in Zhejiang Province.

1. 1首页 - 浙江省能源集团有限公司zjenergy.com.cn
2. 2公司简介 - 浙江省能源集团有限公司zjenergy.com.cn