The world's largest liquefied natural gas (LNG) storage tank cluster was completed in China's Jiangsu province on Sunday, according to its operator China National Offshore Oil Company (CNOOC).

With a total storage capacity to 2.5 million cubic meters, the project, located in Yancheng, Jiangsu province, boasts a domestic production rate of 98.3 percent, and is capable of supplying gas for 10 million households for eight months, it said.

READ MORE: CNOOC: Jiangsu LNG tanks to boost storage, help meet demand

In recent years, China's LNG industry has rapidly developed, forming a complete industrial chain that includes production, storage, transportation, and comprehensive utilization. LNG receiving stations are a crucial link in the LNG industry chain.

Since the completion of the first domestic LNG receiving station in 2006, China has built 28 LNG receiving stations with an annual receiving capacity of over 116 million tons, ranking among the top in the world.

Contact the writer at zhengxin@chinadaily.com.cn