Taiwan’s CTCI bags Taichung LNG terminal contract

Taiwan’s CTCI Corporation has secured an engineering, procurement, construction and commissioning contract to build a regasification facility as part of Taipower’s Taichung power plant.

The deal has a price tag of about $19 billion Taiwan dollars (US$647 million), CTCI said in a statement.

This is Taiwan’s first LNG receiving and regasification facility not owned by state-run CPC Corporation.

State-owned utility Taipower earlier said it planned to start its first imports of LNG from 2023.

Taiwanese government has set a goal to increase gas-fired power generation to 50% by 2025, as part of its commitment to achieving transition to clean energy.

According to CTCI, this new terminal will ensure a stable natural gas supply with 720 tons per hour, meeting the demand of gas-fired power generating units 1 & 2 at the Taichung power plant.

Furthermore, the project would also supply fuel to units 4, 5 & 6 at Taipower’s Tunghsiao power plant.

Under the new contract, CTCI will carry out detailed design, procurement and supply of materials, construction and installation.

The scope of work also includes pre-commissioning, commissioning, and one-year operation and maintenance service, it said.

This is another win in domestic LNG receiving terminal projects for CTCI, as earlier this year it secured a $623 million EPCC contract to build CPC’s third terminal at Guantang Industrial Area in Taoyuan, it said.

Taiwan’s CPC operates two LNG import facilities with one located at Taichung and the Yung-An facility in Kaohsiung.

- Advertisements -

Most Popular

Sarah Bairstow named as CEO of Mexico Pacific

Mexico Pacific, the developer of the planned 15 mtpa Saguaro Energia LNG export project, has appointed Sarah Bairstow as...

India’s Chhara LNG terminal gets first cargo

India’s Hindustan Petroleum, a unit of state-owned ONGC, has received the first cargo of liquefied natural gas at its...

CNOOC to supply LNG cargo to First Gen’s Batangas FSRU terminal

Power producer First Gen has awarded a contract to a unit of China's state-owned energy giant CNOOC to supply...

More News Like This

Japan’s JFE Engineering bags contract for CPC’s third LNG terminal in Taiwan

Japan's JFE Engineering said it had secured a contract for CPC's third LNG import facility in Taiwan. According to a...

Saipem and CTCI wrap up work on PTT’s Nong Fab LNG terminal in Thailand

Italian contractor Saipem and its partner CTCI have completed PTT’s Nong Fab liquefied natural gas (LNG) import plant in...

PTT’s Nong Fab LNG terminal gets first cargo

PTT’s Nong Fab regasification plant in Thailand has received its first commissioning cargo of liquefied natural gas (LNG), according...

Siemens clinches contract for LNG power plant in Taiwan

A unit of German engineering giant Siemens has secured a contract to build a 1.1 gigawatt LNG power plant...