14MAR2019 - NEWS - Taiwan based state run energy firm CPC to initiate building its third LNG import terminal in the middle of this year

Taiwan based state energy firm CPC could start building its third liquefied natural gas (LNG) import terminal by the middle of this year once it obtains all the required permits. The proposed terminal, at Taoyuan, northwestern Taiwan, could start operations in early 2023 with an initial capacity of 1 million tonnes per year. Taiwan is the world’s fifth largest LNG importer with an import volume of 16.8 million tpy in 2018. The island is boosting its LNG imports as it phases out nuclear and coal to generate electricity in the next decade.

Published by Editor - www.Livebunkers.com at 14-Mar-2019 05:55:34 [UTC] , contact editor at editor@livebunkers.com