New Orleans-based Westway Terminal will operate the $20 million (€15.5 million) facility.
Scott MacKenzie, VP of the company’s business development, says construction would begin in mid-February on four large tanks and support structures.
MacKenzie says the company is already looking at potential second and third phases that could expand their facilities to as many as 20 tanks.
The company expects to bring about a dozen vessels into the Port each year and increase that number as the facility develops, he adds.
Westway Terminals specialises in moving and storing liquid bulk around the world. They expect to store methane on Grays Harbor and expand to other products.