CPC awards Taichung LNG expansion FEED to Osaka Gas subsidiary
April 7, 2022
CPC Corp. has awarded Daigas Gas and Power Solution Co. Ltd. (DGPS), a 100% subsidiary of Osaka Gas Co. Ltd., a front-end engineering and design (FEED) and technical consulting services contract for Phase 4 expansion of the 10-million tonne/year (tpy) Taichung LNG terminal in Taichung, Taiwan. Post-expansion capacity will be 13 million tpy.
The expansion includes four 180,000-cu m storage tanks, additional regasification capacity, and a jetty for LNG tankers. Completion is scheduled for 2029.
DGPS is also providing ongoing technical consulting service for construction of CPC’s third LNG receiving terminal (3 million tpy) in Guantang, Taoyuan City, scheduled for completion by end-2025.
The Taiwanese government has been pursuing an energy policy which targets both phasing out nuclear power and reducing greenhouse gas emissions. As part of this policy, the government is planning to increase natural gas’s share of power generation to 50% by 2025. CPC is expanding its LNG regasification and storage capacity as part of this plan.
Christopher brings 27 years of experience in a variety of oil and gas industry analysis and reporting roles to his work as Editor-in-Chief, specializing for the last 15 of them in midstream and transportation sectors.
