Page 21 - 2025 CPC Corporation,Taiwan

In line with Taiwan government’s energy policies, CPC plans to increase the proportion of natural gas power generation up to 50% by 2025. To support this goal, CPC will lease Wharves 11 and 12 and their associated facilities from the Port of Taichung, to create Taichung LNG Receiving Terminal’s second dedicated LNG-unloading berth. 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. Upon completion of these expansions, the operational capacity of Taichung Terminal is expected to reach to 10 million metric tons per year. 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 Taichung Receiving Terminal’s New Wharf 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, 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. In addition, CPC is planning to build an LNG receiving terminal in the second area of the Dalin Petrochemical Storage and Pipeline Center (Phase II of the Intercontinental Project). The plan includes an outer breakwater, an LNG unloading berth, four 180,000-kiloliter above-ground LNG storage tanks, related regasification facilities, and a transmission pipeline. The target is to start gas supply in the third quarter of 2029. The new terminal will serve as a backup to Yung An LNG Receiving Terminal, helping to reduce its current overhigh utilization rate and to enhance the overall gas supply stability. CPC has constructed an extensive natural gas transmission and distribution system in western Taiwan. A 2,278 kilometer onshore main line for gas transmission extending from Pingtung in the south to Keelung in the north includes eight supply centers, one transfer center and 48 distribution stations along its length. Current plans are centered on the construction of interlocking ring-shaped networks to produce a figure-of-eight configuration. This will involve laying down a 238 kilometer undersea pipeline from the Yung An LNG Receiving Terminal to Tongxiao, and a 500 kilometer terrestrial pipeline from Yung An to Taoyuan. In addition, after the 36 inch subsea natural gas pipeline from Taichung Port, via Tongxiao, to the Datan power station came on stream, it will be linked with terrestrial pipelines in central and northern Taiwan to form another circular formation, thus completing the planned island-wide, integrated figure-of-eight natural gas transmission network. / Core Business Total domestic sales volume of natural gas in 2024 amounted to 28.04 billion cubic meters 19