Yantai LNG Terminal

H. Sterling Group is working actively with Poly-GCL Petroleum (Yantai) Holdings Limited, Pan-Asia International Energy (Shandong) Co., Ltd. and Yantai Port Group to invest and develop a large-scale LNG receiving terminal located in Yantai West Port, Shandong Province, China—a project that includes LNG berths, regasification plant, and LNG tank farm with 28  200,000 cubic meter tanks.
The first phase of this project will start operations in early 2022 with a capacity of receiving, storing and regasifying 5 million metric tons per annum (mtpa) and will grow quickly to 30 million mtpa to become the world’s largest LNG receiving terminal. To date, the sea channel, breakwater, and land reclamation have been completed. It is our hope that this LNG terminal will be developed into a public trading network open to all upstream suppliers and downstream end users.