Taiwan’s LNG imports jump in April

Taiwan's imports of liquefied natural gas (LNG) jumped last month compared to April 2024, according to customs data.

Preliminary data from the Directorate General of Customs shows that the country received 1.98 million tonnes of LNG in April.

This is up by 46.7 percent year-on-year compared to 1.35 million mt in April 2024.

April LNG imports dropped compared to 2.08 million tonnes of LNG in March. Still, the imports rose compared to 1.80 million tonnes of LNG in February and 1.48 million tonnes of LNG in January.

Taiwan paid $1.16 billion for LNG imports in April, up from $614.5 million during the same month last year.

The data shows that most of the April LNG supplies came from Qatar (799,656 t) and Australia (646,788 t).

Qatari volumes rose compared to 418,369 t in April 2024, while Australian volumes decreased compared to 687,000 t in April 2024.

Other LNG suppliers to Taiwan last month include Oman (130,460 t), the US (118,176 t), Papua New Guinea (78,720 t), Indonesia (70,750 t), Russia (67,580 t), and Brunei (66,375 t).

Taiwan received 21.50 million tonnes of LNG during the full year of 2024, up 7.1 percent from 2023.

Last year, Taiwan paid $11.92 billion for LNG imports, down from $12.35 billion in 2023.

CPC’s LNG terminals

Taiwan currently imports LNG via two terminals operated by state-owned CPC.

CPC operates the Yung-An LNG terminal with a capacity of 10.5 mtpa and the Taichung LNG import terminal with a capacity of 6 mtpa. The firm is also expanding its Taichung LNG terminal.

In addition, CPC is also working on the Guantang LNG terminal and the Zhouji LNG terminal.

Last month, Methane Rita Andrea’s AIS data provided by VeseselsValue showed that the LNG carrier was located at the Guantang LNG terminal, or Taoyuan LNG terminal.

The vessel delivered a cargo from Qatar to the facility.

Several reports claim that CPC has completed the commissioning of this new facility, which is expected to start operations soon.

In December last year, CPC also received the environmental approval for the intercontinental LNG terminal, or the seventh terminal.

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