Daigas Gas wins Taiwan LNG project Feed contract
TAIPEI, April 6, 2022
Daigas Gas and Power Solution Comapny (DGPS), a subsidiary of Osaka Gas, has been awarded front end engineering and design (FEED) and technical consulting service for the Phase-4 expansion project of Taichung LNG Receiving Terminal owned and operated by CPC Corporation, Taiwan (CPC).
The Taiwanese government has been pursuing an energy policy which targets nuclear power phase-out and reduction of greenhouse gas emission.
Under this energy policy, the government is planning to increase the share of natural gas in power generation to 50% by 2025 and CPC is expanding its LNG regasification and storage capacity in tandem with the plan.
The Phase-4 Expansion Project includes building 4 LNG storage tanks (each with 180,000 kl storage capacity), regasification facilities and a jetty for LNG tankers.
After the completion of this project scheduled in 2029, LNG handling capacity of Taichung LNG Receiving Terminal will increase to 13 million ton per annum, it added.-TradeArabia News Service