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LNG: Taiwan's LNG Demand Growing

LNG

Taiwan's LNG imports could rise to about 20 million tons in 2024 from 19 million tons in 2023 according to CPC’s Vice President Jane Liao speaking at APPAC.

  • Taiwanese LNG demand is expected to rise as more gas fired power plants come online and nuclear ones are phased out.
  • The country heavily relies on imports for its energy needs. As Taiwan's sole LNG importer, CPC has long-term supplies from Australia, Qatar and Papua New Guinea.
  • The state energy firm is constructing its third LNG import terminal off the coast of Taoyuan to cope with growing demand.
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