Yantai LNG Terminal (PetroChina)

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Yantai LNG Terminal (PetroChina), also known as 中石油烟台西港LNG接收站, is a cancelled (inferred 4 y) LNG import terminal in China.

Location

Table 1: Location details

Name Location Coordinates (WGS 84)
Yantai LNG Terminal (PetroChina) Dajijia Town, Yantai, Shandong, China[1] 37.714202, 121.0901592 (approximate)

The map below shows the approximate location of the terminal:

Loading map...

Project Details

Table 2: Infrastructure details

mtpa = million tonnes per year
Name Facility type Status Capacity Total terminal capacity Offshore Associated infrastructure
Yantai LNG Terminal (PetroChina) import[1] cancelled (inferred 4 y) 3 mtpa 3.0 mtpa False

Table 3: Cost

Name Facility type Cost Total known terminal costs
Yantai LNG Terminal (PetroChina) import[1] US$1,120,000,000 (7,000,000,000 RMB) US$1,120,000,000

Financing

No financing data available.

Table 4: Project timeline

FID = Final Investment Decision, used by some developers to indicate a project will move forward
Name Facility type Status Proposal year FID year Construction year Operating year Inactive year
Yantai LNG Terminal (PetroChina) import[1] cancelled (inferred 4 y) 2019[1][2] 2025 (cancelled)

Ownership

Table 5: Ownership

Name Facility type Status Owners Parent companies Operator
Yantai LNG Terminal (PetroChina) import[1] cancelled (inferred 4 y) PetroChina Co Ltd; Yantai Port Group PetroChina Co Ltd; Yantai Port Group

Background

In January 2019 it was announced that Kunlun Energy, a Hong Kong-listed subsidiary of PetroChina, and Yantai Port Group will jointly invest a total of around Yuan 7 billion ($1 billion) to build an LNG receiving terminal comprising four LNG storage tanks each 200,000 cu m in size, at the west Yantai port, and a dock capable of receiving 266,000 cu m LNG vessels.[3][4]The delivering capacity is 3 mtpa.[5]

Yantai Port was planning to accelerate the development of both LNG terminals by GCL-Poly and PetroChina.[6]

As of 2022, there was not evidence for further development of the terminal, but it continued to appear in local government's plans.

By January 2023, the project has no further news.

As of January 2024, there is no further news about the project. It appeared shelved.

As of May 2025, no further news about the project. It appears cancelled.

  • Owner: Kunlun Energy Company Limited (Kunlun Energy Company Limited.); YANTAI PORT GROUP CO., LTD (山东省港口集团有限公司)
  • Parent company: PetroChina (56.05%)中国石油天然气集团公司; Shandong Port Group Co., Ltd. (100%)山东省港口集团有限公司.

Articles and Resources

Additional data

To access additional data, including an interactive map of LNG terminals, a downloadable dataset, and summary data, please visit the Global Gas Infrastructure Tracker on the Global Energy Monitor website.

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 http://energy.people.com.cn/n1/2019/0109/c71661-30513300.html. {{cite web}}: Missing or empty |title= (help)
  2. https://www.imsilkroad.com/news/p/398421.html. {{cite web}}: Missing or empty |title= (help)
  3. PetroChina, Yantai Port to jointly build LNG, crude oil receiving terminals, S&P Platts Global, Jan. 10, 2019
  4. "烟台港携手中石油 共建中国北方油气能源基地港--人民网能源频道--人民网". energy.people.com.cn. 2019-01-09. Retrieved 2021-04-08. {{cite web}}: no-break space character in |title= at position 9 (help)CS1 maint: url-status (link)
  5. "未来LNG接收站规划盘点_河南心连心深冷能源股份有限公司". www.xlxslny.com. 2019-06-04. Retrieved 2025-05-29.{{cite web}}: CS1 maint: url-status (link)
  6. "烟台港口岸正式扩大对国际航行船舶开放-新华丝路". www.imsilkroad.com. 2020-01-14. Retrieved 2021-04-08.{{cite web}}: CS1 maint: url-status (link)