Huanghua bulk cargo port's first phase of the crude oil terminal made progress in the preliminary work lately. The project is located in the liquid bulk cargo operation area at the east end of the Huanghua bulk cargo port. With a total investment of 3.558 billion yuan, it will build a 300,000 ton berth, a reservoir area with a total tank capacity of 900,000 cubic meters and other supporting facilities. The shoreline is 440 meters and the designed annual capacity is 14.2 million tons. The main cargo are crude oil, diluted bitumen and fuel oil.
After the completion of the project, the Huanghua Port will effectively improve the capability of crude oil transportation infrastructure, making it the most convenient and economical port in the northwest of Shandong. It can also reduce the raw material logistics cost of petrochemical enterprises and promote the development of petrochemical industry, which is of great significance for accelerating the transformation and upgrading of Huanghua Port.
After completion of these projects, the throughput of Huanghua Port can be increased by 147 million tons and the container can be increased by 1 million TEU.
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