Taiwan’s CPC finalizes location of third LNG terminal

摘要

Tokyo—Taiwan’s sole LNG importer, CPC Corp., has finalized the location of its third LNG terminal near the country’s capital Taipei, company chairman Lin Sheng-Chung said September 19. Speaking at the LNG Producer-Consumer conference in Tokyo, Lin said that Taiwan’s LNG imports would reach 20 million mt/year by 2030. The country imported 12 million mt/ year in 2011. The boost in LNG imports is due to Taiwan’s gradual decommissioning of its existing nuclear plants starting from 2019, with LNG substituting for nuclear power, Lin said.