Osaka Gas bags Taichung LNG expansion work
Daigas Gas and Power Solution, a unit of Japan's Osaka Gas, has been awarded front end engineering & design (Feed) and technical consulting service for the Phase-4 expansion project of Taichung LNG receiving terminal owned and operated by Taiwanese state-run CPC Corp., Osaka Gas said on April 6.
The Phase-4 expansion project includes building four LNG storage tanks, regasification facilities and a jetty for LNG tankers. After the completion of this project scheduled in 2029, LNG handling capacity of Taichung LNG terminal will increase to 13mn metric tons/year.
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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, Osaka Gas said.