Taiwan’s CPC gets first LNG cargo as part of Cheniere deal

Taiwan’s CPC Corp received on Sunday the first LNG cargo under a long-term contract it has with US exporter Cheniere.

CPC said the 149,172-cbm Fuji LNG delivered the maiden cargo to its Taichung LNG import terminal from Cheniere’s Corpus Christi plant in Texas.

To remind, the duo signed a 25-year deal for some 2 million tonnes per annum of LNG back in August 2018.

CPC added it would receive about 30 cargoes per year on a delivered ex-ship basis from Cheniere as Taiwan looks to diversify its energy sources and increase gas-fired power generation.

The state-owned company currently operates two LNG import facilities incuding Taichung and the Yung-An facility in Kaohsiung but it also plans a third facility in Taoyuan.

Additionally, Taipower is building Taiwan’s first LNG receiving and regasification facility not owned by CPC in Taichung.

On the other side, Cheniere currently operates the 25 mtpa Sabine Pass LNG plant in Louisiana, the largest such facility in the US, and is adding a sixth train for a total capacity of about 30 mtpa.

Moreover, the firm is finalizing works on the third Corpus Christi train boosting the total output to 15 mtpa.

Most Popular

Chevron, China’s ENN seal second LNG SPA

US energy giant Chevron has signed a second LNG sales and purchase agreement with Chinese independent gas distributor ENN.

Shell adds another LNG carrier to its fleet

A unit of UK-based LNG giant Shell has added another chartered liquefied natural gas carrier to its fleet.

Venture Global gets OK to introduce gas to final Plaquemines LNG block

US LNG exporter Venture Global LNG has received approval from the US FERC to introduce natural gas to the 18th and final liquefaction block at the Plaquemines LNG terminal in Louisiana as part of the plant’s commissioning process.

More News Like This

CTCI scores new LNG terminal gig from CPC

Taiwan’s CTCI has secured another contract from compatriot CPC for the latter's Kaohsiung intercontinental LNG terminal in southern Taiwan.

Trafigura, Kogas seal long-term US LNG supply deal

LNG trader Trafigura has signed a long-term deal to supply US LNG to South Korean importer Kogas.

Cheniere nears first LNG at third Corpus Christi expansion train

US LNG exporter Cheniere is nearing the start of LNG production at the third train of the Corpus Christi Stage 3 expansion project in Texas as part of the commissioning phase.

Taiwan boosts July LNG imports

Taiwan's monthly imports of liquefied natural gas (LNG) rose in July compared to the previous year, according to customs data.