CPC inaugurates Taiwan's second LNG terminal

Taiwan’s CPC Corp. officially inaugurated on July 16 the country’s second LNG terminal, this one at Taichung in the north, according to press reports.

By OGJ editors
HOUSTON, July 17
-- Taiwan’s CPC Corp. officially inaugurated on July 16 the country’s second LNG terminal, this one at Taichung in the north, according to press reports. Start-up of the nearly $955 terminal was more than a year behind schedule.

CPC’s web site, however, was not updated on the event. Other press reports have stated delays in the pipeline have delayed completion of the terminal.

For 2009, the Taichung LNG terminal will supply 1.68 million tonnes of vaporized LNG via a subsea pipeline to the state-run 4.4-Gw Tatan electric power plant in Taoyuan County, northern Taiwan, according to statements attributed to CPC Chairman Shih Yen-shiang. The remaining gas will meet industrial and residential demand in northern and central Taiwan.

Shih said combined output from the new Taichung terminal and the existing Yungan terminal in southern Taiwan will enable CPC to move as much as 10.5 million tpy of LNG.

Start-up of the Taichung terminal will allow CPC to import nearly 1.6 million tonnes of LNG from Qatar this year, rising to 2.5 million tonnes in 2010 and to 3 million tonnes in 2011, the terminal’s design capacity.

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