TAIWAN SLATES ANOTHER LNG PROJECT

Taiwan's state owned Chinese Petroleum Corp. (CPC) will spend $2.6 billion to double capacity at its liquefied natural gas receiving terminal at Yungan. Planned expansion of the facility in southern Taiwan includes laying a 230 km pipeline to deliver regasified LNG to Taiwan Power Co. (TPC). The new expansion plans come on the heels of an expansion currently under way and expected to be complete in 1996. The current expansion project will increase capacity of the Yungan terminal threefold

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