As an important participant in the energy industry of Hainan Free Trade Port, Southern Holdings Group (Hainan) Co., Ltd. (hereinafter referred to as "Southern Holdings") relies on Hainan's policy advantages and location resources to continuously deepen its liquefied natural gas (LNG) and crude oil import business. Through innovative models and international cooperation, it injects new momentum into regional energy security, green transformation, and global trade facilitation.
1、 Empowered by policies, creating a new benchmark for efficient customs clearance
The policy dividend of Hainan Free Trade Port provides a unique development environment for energy enterprises.
Southern Holdings seizes the innovative opportunity of the "in zone inspection+out zone inspection" regulatory model in Yangpu Bonded Port Area, significantly reducing LNG clearance time.
Previously, Yangpu Customs implemented a "pre inspection" mechanism to advance the LNG export inspection process, reducing the average customs clearance time from 3 days to 1 day and improving terminal turnover efficiency by over 60%.
At the same time, the Hainan Free Trade Port has implemented policies such as duty-free processing for value-added domestic sales and a negative list for cross-border service trade, which further reduces the operating costs of enterprises and provides strong support for Southern Holdings to expand into international and domestic markets.
2、 Infrastructure expansion to strengthen energy storage and transportation capabilities
The second phase of the Hainan LNG receiving station project is expected to be completed in 2027, with an additional 400 million cubic meters of gas storage capacity and a total reserve of 600 million cubic meters, which can meet the annual gas demand of 5 million households.
As the first bonded LNG receiving station in China, its international transfer function provides efficient warehousing and distribution support for Southern Holdings' LNG import business.
In addition, the newly planned 50000 ton LNG terminal berth at Yangpu Port will further increase the annual throughput by 1.6 million tons, providing hardware support for cross-border transportation of crude oil and LNG.
3、 Deepening international cooperation and expanding the global energy landscape
Southern Holdings actively collaborates with international energy giants to build a stable supply chain.
Recently, the Northern Gas Field Expansion Project (NFE) in Qatar has been launched, with Sinopec and PetroChina participating and signing a long-term LNG supply agreement, with an annual supply of 8 million tons.
Relying on the location advantage of Hainan as the intersection of the "the Belt and Road" and the "new land and sea channel in the west", Southern Holdings undertakes the LNG import business of Qatar, Australia and other resource countries, and extends its business to the Japanese, Korean and European markets through bonded transshipment, international ship bunkering and other modes.
4、 Accelerating Green Transformation to Serve the 'Dual Carbon' Strategic Goal
LNG, as a low-carbon and clean energy source, is the core driving force for Hainan's construction of a "clean energy island".
Southern Holdings provides green fuel for international shipping vessels through cross-border bonded LNG refueling business.
After the implementation of the first "Haikou Shenzhen Cross border Bonded LNG Refueling" in 2025, the cumulative refueling volume has exceeded 8000 tons, helping the shipping industry reduce carbon dioxide emissions by 25% and nitrogen oxides by 90%.
In addition, the group collaborates with enterprises such as the National Pipeline Network Group to participate in Hainan's power peak shaving and livelihood gas supply, ensuring regional energy security.
5、 Future Outlook: Anchoring a Billion Dollar Energy Trade Hub
Southern Holdings plans to build a digital energy trade platform and optimize supply chain management in conjunction with the "secure and orderly flow of data" policy of Hainan Free Trade Port.
At the same time, the group will deepen cooperation with PetroChina Hainan Regional Headquarters, Southern Exploration and other enterprises, integrate oil and gas exploration, storage and transportation, and new energy businesses, and aim to exceed 100 billion yuan in asset size by 2035, becoming the core hub of energy trade in the Pan Beibu Gulf region.
About Southern Holdings Group (Hainan) Co., Ltd
Southern Holdings Group (Hainan) Co., Ltd. is based in Hainan Free Trade Port, focusing on LNG, crude oil imports, and green energy trade, committed to building an international, digital, and low-carbon comprehensive energy service provider.
Relying on policy innovation and global resource integration, the company continues to promote high-quality development of the energy industry, contributing to the construction of Hainan Free Trade Port and national energy security.