Taiwan’s Jan-June LNG imports up 8 percent YoY

Taiwan imported 8.63 million tonnes of liquefied natural gas (LNG) in the first half of this year, up 8.1 percent from the same period in the year before, according to the customs data.

During the month of June, Taiwan imported 1.47 million tonnes of the chilled fuel as compared to 1.54 million tonnes the country received in the same month in 2017.

Qatar, the world’s largest LNG exporter remained the biggest supplier of the fuel to Taiwan in the period under review with 2.26 million tonnes. These volumes rose 5.4 percent on year, the data by the Directorate General of Customs shows.

Malaysia was the second-biggest supplier of LNG to Taiwan in the six-month period with 1.43 million tonnes, followed by Russia that supplied 1.22 million tonnes while Australia delivered 0.94 million tonnes of the chilled fuel to Taiwan.

The rest of the LNG imports came from Indonesia, Papua New Guinea, Brunei, Oman, Trinidad and Tobago, US, Nigeria, Angola and Peru.

Taiwan, the world’s fifth largest LNG buyer, paid about $3.77 billion for these LNG imports as compared to $3.04 billion in 2017, the data said.

 

LNG World News Staff

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Posted on August 15, 2018 with tags .

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