Taiwanese LNG imports see large boost in 2017

Taiwan recorded double-digit growth in LNG import volumes in 2017, as the country is set to become more reliant on LNG to meet demand from its power sector Taiwan recorded double-digit growth in LNG import volumes in 2017, as the country is set to become more reliant on LNG to meet demand from its power sector.
By Andrew Walker 1 March 2018 0 29795
Taiwan LNG imports
Taiwan LNG imports, monthly

Taiwan’s LNG import volumes increased by 12.2% year on year in 2017, the largest annual increase for the country in the past five years. Imports increased by 1.8 mt last year, far exceeding the previous year’s growth of just 2.8%.

Taiwan LNG import prices

The amount Taiwan spent on LNG imports increased by around 28% year on year. Total spending exceeded $6.4 billion, and the average price Taiwan paid over...

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