Taipei, Taiwan’s capital
Taiwan embraces long-term LNG
The island nation plans to phase out nuclear energy and substitute coal for gas, but must first overcome import capacity constraints
Taiwan could sign up for more LNG on long-terms deals even after signing two SPAs to buy volumes from Qatar and Australia recently, as the world’s sixth-biggest LNG importer wants to be nuclear-free and meet half of its electricity demand from gas by next year. Taiwan’s CPC agreed with QatarEnergy in early June to offtake 4mt/yr from the North Field East (NFE) LNG expansion project for 27 years, and to buy a 5% stake in one of the six 8mt/yr liquefaction mega-trains underpinning the expansion that are scheduled to start up from 2026. Taiwan is already a major buyer of Qatari LNG and was the producer’s fifth-biggest purchaser last year, according to data compiled by Petroleum Economist. The Q
Also in this section
11 February 2026
Panellists from three LNG buyers at LNG2026 in Doha outlined their evolving procurement strategies as they navigate heightened market volatility
11 February 2026
North African producer plans to boost output by early 2030, with Europe its number one priority as export destination
11 February 2026
Maritime leaders at LNG2026 warned of the dangers of over-regulation on competitiveness, sustainability and innovation
10 February 2026
The country has opened bidding on 50 blocks in a new licensing round but will face competition for attention and will need to address concerns about security and legislation
