Page 21 - 2024 CPC Corporation,Taiwan

facilities from the Port of Taichung, to create the Taichung LNG Terminal’s second dedicated LNG-unloading wharf. Execution of its Phase III expansion module will see the construction of two 180,000 kiloliter above-ground storage tanks and the associated gasification plant. These projects are expected to improve the unloading capacity and gas supply stability upon completion.
In order to comply with the government’s demand for greater LNG storage, and the increase in both daily storage capacity and business inventory on a year-on-year basis, CPC continues with the Taichung Receiving Terminal’s New Pier and outer harbor expansion project (which will add an extra four above-ground 180,000 kiloliter full-containment LNG storage tanks, together with gasification facilities, two LNG-unloading wharves and other related facilities). After land reclamation in the North Reclamation Area (III) and the South Reclamation Area (IV)-2, crossing pipelines will connect to the existing plant areas to support each other. It is expected that after completion at the end of 2028, the overall equipment utilization rate will be reduced and gas supply stability and safety will be improved. In addition, it is planned to build an LNG receiving terminal in the second area of Dalin Petrochemical Oil Storage and Transportation Center (second phase of Intercontinental), including an LNG unloading dock, four 180,000-kiloliter above-ground storage LNG tanks, related regasification facilities and the gas transmission pipeline. It is expected to be completed by the end of 2031. Yung An LNG receiving terminal can be supported by the Intercontinental LNG receiving terminal and benefit greatly the reduced equipment utilization rate while improving the stability of gas supply.
Natural gas transmission and distribution system comprises
2,233kilometer onshore main line of gas pipeline
Total domestic sales volume of natural gas in 2023 amounted to
26.14
billion cubic meters
Core Business ●
19