March 13 (LNGJ) - Taiwan, the world’s fifth-largest LNG importer, plans to build a third regasification terminal at Tao-Yuan in northwest Taiwan while also expanding its facilities at Tai-Chung and Yung-An in the south of the Island. Taiwanese energy company CPC said building was expected to start by the end of 2019.
The proposed Tao-Yuan terminal could start operations in early 2023 with eventual capacity of up to 5 million tonnes per annum. CPC said that the Tao-Yuan project’s first phase would give import capacity of 3 MTPA and the volumes would be used by the state utility Taipower. Taiwan, or Chinese Taipei as it is also known, imported 16.8 million tonnes of LNG in 2018.
