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    CTCI to Build LNG Import Plant in Taiwan


Taiwan relies mostly on oil and coal for its energy needs, but it wants to boost the share of gas to 50% within the next five years.

by: Joe Murphy

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CTCI to Build LNG Import Plant in Taiwan

Taiwanese contractor CTCI Corp has reported winning an engineering, procurement and construction (EPC) contract worth NT$ 19bn (US$647mn) to build an LNG receiving and regasification facility. 

The facility will serve the Taichung gas-fired power plant, where CTCI and partner General Electric have won a contract to add 2.6 GW of generation capacity. It will supply 720 mt/hour to Taichung and also the Tunghsiao power plant.

CTCI has worked on LNG infrastructure before. Earlier this year it secured a $623mn contract to build state-owned CPC's third LNG receiving terminal at the Guantang industrial area in Taoyuan.

Taiwan's government wants to boost the share of gas in the country's power mix to 50% by 2025, in order to lower its emissions. Oil is Taiwan's main fuel in power generation, followed by coal.