Port of Yantai

From Global Energy Monitor

Port of Yantai is in Shandong, People's Republic of China.

Location

The port is on the Bohai Sea in the vicinity of Yantai.

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Background

In 2012 the port had dry bulk throughput of 48 million tonnes (mt), and coal throughput of 28 mt.[1]  In 2017, the coal throughput had decreased to 13.76 million tonnes.[2]

In 2019, the Yantai Port Group announced it would be building a liquefied natural gas (LNG) import terminal by 2022, which would have a total capacity of 11.5 million tonnes. The first phase of the import terminal (5 million tonnes) will cost $1.1 billion.[3]

In 2021, Yantai Port was in the midst of adding 7.4 million barrels of crude oil storage capacity (scheduled to be completed in by the 2020) due to Shandong Province's shift towards increasing oil infrastructure and usage as an alternative to coal.[4]

Port Details

  • Operator: Yantai Port Group Co.
  • Location: Yantai, Shandong province, China
  • Coal Capacity (Tonnes per year): 28 million
  • Status: Operating
  • Type: Imports
  • Coal source:

Articles and resources

References

  1. "Qinhuangdao Port Global Research," UBS, 15 January 2014
  2. "Core Business - Yantaiport". Yantai Port (in 中文(中国大陆)). Retrieved 2021-07-23.{{cite web}}: CS1 maint: url-status (link)
  3. Muyu Xu, Shivani Singh (2019-10-15). "China's Yantai LNG group aims to start up import terminal by 2022". Reuters. Retrieved 2021-07-23.
  4. "China's Shandong province eyes oil infrastructure boost". Argus Media. 2021-06-11. Retrieved 2021-07-23.

Related GEM.wiki articles

External resources

External links