Located in Taichung in Taiwan, the Taichung I regasification terminal is operated by CPC. The terminal started operations in 2009 and is owned by CPC.
With a storage capacity of 0.44 million tons (Mt), the Taichung I terminal currently has a regasification capacity of 243.5bcf/annum (billion cubic feet), which is expected to increase to 633.1bcf/annum by 2030.
Taichung I regasification terminal is undergoing expansions, which will increase its capacity by 243.5bcf/annum.
During the period 2021-2025, the Taichung I regasification terminal is expected to witness an estimated capex of $210.26m.
Contractors involved in the regasification plant
Some of the key contractors for the upcoming expansion at the Taichung I regasification terminal include the following.
Design/FEED: Daigas Gas and Power Solution, Sofregaz.
Main EPC: Do & Find Engineering Consultants, JGC Holdings, RSEA Engineering.
Corp (CPC) is an integrated oil and gas company. The company explores for, develops, and produces oil and natural gas from its assets in Taiwan, Ecuador, Indonesia, Niger, Chad, Australia, the US, and Congo. It operates refinery and petrochemical complexes in Taoyuan and Dalin. The company’s petroleum products include gasoline, aviation fuel, fuel oil, diesel fuel, and liquefied petroleum gas. CPC petrochemical products include ethylene, propylene, butadiene, benzene and xylene. It operates LNG receiving terminals in Taiwan for ensuring energy security in the country. The company is also active in marketing and sales of lubricants, solvents and chemicals. CPC is headquartered in Kaohsiung, Taiwan.
MethodologyInformation on the terminal is sourced from GlobalData’s LNG regasification database that provides detailed information on all active and upcoming, large – scale LNG regasification terminals globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.