Taiwan Bulks Up On LNG Capabilities

CPC Corp. Taiwan has received approval from the Council of Economic Planning and Development for its project to build three 160,000-kiloliter ground-based liquefied petroleum gas storage tanks and LNG gasification equipment near Taichung Harbor.

The project, which also includes a 21.8-kilometer-long pipeline, will enable the company's Taichung plant to import an additional 2 million tons of LPG per year beyond the 3 million tons it is already bringing into Taiwan.

Construction of the LPG storage tanks and gasification equipment is scheduled to begin in July 2012, with completion expected by the end of 2018.

Source: The Central News Agency