Taiwan’s Jan-Jul LNG imports rise 12 pct

Taiwan imported 9.38 million mt of LNG in the first seven months of this year, up 12% from the same period a year before, according to the customs data.

Qatar, the world’s largest LNG exporter remained the biggest supplier of the fuel to Taiwan in the period under review, however, Qatari volumes dropped almost 23% on year.

LNG supplies coming from the port of Ras Laffan in Qatar to Taiwan totaled 3.03 million mt in the January-July period versus 3.92 million mt last year, the data by the Directorate General of Customs shows.

Indonesia was the second-biggest supplier of LNG to Taiwan with 1.45 million mt, followed by Malaysia with 1.29 million mt and Papua New Guinea that supplied 1.11 million mt of the chilled fuel to Taiwan in the mentioned period.

The rest of the LNG imports came from Russia, Australia, Nigeria, Brunei, Oman, Trinidad and Tobago, US, Algeria, UAE and Peru.

Taiwan, the world’s fifth largest LNG buyer, paid about $3.59 billion for these LNG imports, according to the data.

The country currently imports LNG via two regasification terminals, located in the central and southern parts of the island.

LNG World News Staff