Taiwan’s imports of US LNG to begin soon

Taiwan's imports of US LNG to begin soon
Taichung LNG terminal (Image courtesy of CPC)

Taiwan is set to start importing liquefied natural gas (LNG) from the United States soon under a long-term deal, according to the country’s minister for economic affairs Shen Jong-chin. 

Liquefied natural gas deliveries, expected to start this year, would balance the trade surplus, the US political journalism company cites Shen as saying.

Taiwan’s state-led energy company CPC Corporation signed a deal with GDF Suez (now Engie) in March 2014 for the delivery of 800,000 tons from the Cameron LNG project in the United States starting in 2018 with a 20-year term.

Taiwan has already received a cargo from the United States, loaded at Cheniere’s Sabine Pass LNG facility in Louisiana. The cargo was delivered to the Taichung LNG terminal located in in the port of Taichung in central Taiwan in June last year.

 

LNG World News Staff

Share this article

Follow LNG World News

Events>

<< Aug 2018 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

Offshore Energy Exhibition & Conference 2018

Offshore Energy Exhibition & Conference (OEEC) is Europe’s leading offshore energy event.

read more >

Oil and Gas 2018

The conference will cover a wide range of topics and allow participants to discuss about the new technologies developed in Petroleum…

read more >

Gastech Exhibition & Conference 2018

The leading exhibition and conference for the global gas, LNG and energy industries.

read more >

Singapore International Bunkering Conference and Exhibition (SIBCON)

The 20th edition of the Singapore International Bunkering Conference and Exhibition (SIBCON) will be about inspiring change…

read more >