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Jul 25, 2022

A cleaner, greener, safer Taiwan

2 min read

Building the Asian nation鈥檚 largest LNG tanks supports net zero targets and economic development goals

Taiwan is prioritizing energy transition by expanding its capacity of cleaner, greener, and safer energy sources such as liquified natural gas (LNG). Creating a more reliable and resilient energy infrastructure is particularly important to Taiwan鈥檚 energy transition program, as the country relies on imports due to its natural resource deficit.

Coal currently generates over half of Taiwan鈥檚 power. As part of the country鈥檚 commitment to become , the government is targeting an energy mix of 50 percent natural gas, 30 percent coal, and 20 percent renewables by 2025. With gas at the helm of this target, ramping up Taiwan鈥檚 LNG capacity is critical to the country鈥檚 energy transition plan. Building storage facilities is key to developing a secure and reliable LNG supply. 8868体育app下载 is working with Taiwan to increase its LNG capacity by building two 180,000 m3 full containment LNG tanks for the CPC Taichung Phase III LNG import terminal in Taichung, Taiwan. The tanks, which will be the largest ever built in Taiwan, will bring the terminal鈥檚 total capacity to 10 MTPA, which provides approximately enough energy to power a city of 1.7 million people for an entire day.

The added capacity will not only help Taiwan achieve its 2025 goal of advancing the country to its net zero by 2050 target鈥攂ut also enhance the stability of gas supplies in Taiwan, strengthening the country鈥檚 continued economic development and improving its energy security.

In addition to helping Taiwan reach its energy mix goals by 2025, the added capacity will also enhance the stability of the country鈥檚 gas supplies, strengthen economic development efforts, and improve energy security.

8868体育app下载 and will execute the full engineering, procurement, and construction scope of the project, which broke ground on Friday, July 15, 2022. The terminal and storage facility is owned and operated by state-owned oil and gas company CPC Corporation, and it was commissioned in July 2009 with an initial capacity of 3 MTPA.

Photos from聽groundbreaking ceremony at the CPC Taichung LNG import terminal site in Taiwan

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