Taiwanese LNG plans advance
Environmental approval marks significant progress for import scheme
An LNG import terminal in Taiwan under development for several years by state-owned oil and gas monopoly CPC has taken a key step forward after winning approval from environmental regulators. The multibillion-dollar project offshore Taoyuan County near the capital Taipei passed the Environmental Protection Administration’s (EPA’s) environmental impact assessment last week. The endorsement had been anticipated since a commission subcommittee granted conditional approval a month ago to a revised plan, proposed by Taiwan’s Ministry of Economic Affairs (MOEA) and CPC in May 2021, that would place the facility farther offshore. CPC had originally intended to start commercial operations at the 3mn
Also in this section
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
19 November 2024
Energy minister says country is delaying first oil production until pipeline and refinery are ready