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Policy & Regulation

Taiwan’s rising gas demand to be met by LNG

Uninspiring upstream prospects mean Taiwan has little choice but to boost LNG imports to compensate for a reduction in coal-fired and nuclear power generation Uninspiring upstream prospects mean Taiwan has little choice but to boost LNG imports to compensate for a reduction in coal-fired and nuclear power generation
By Colin Shek 18 November 2019 Asia Pacific / LNG 0 34796
Supporters of Taiwan's ruling DPP at an election rally in November. (PA)

Taiwan’s gas consumption is set to increase at a steady pace over the next decade, buoyed by the government’s commitment to reducing coal-fired generation and phasing out nuclear by the middle of the coming decade.

Since taking office in 2016, Taiwan’s Democratic Progressive Party (DPP) has pushed to create a “nuclear-free homeland” by 2025 by permanently shutting down the country’s six operable nuclear reactors. The first of two reactors at the 40-year old Chinshan plant has not generated power since 2015, while the...