Taiwan LNG long-term outlook 2017: energy policy turns towards gas
Taiwan is the world's 5th largest LNG market. The key short and medium-term demand uncertainty relates to whether nuclear will be restarted and the implementation of nuclear free policy post 2025. CPC's monopoly on LNG imports looks set to be maintained and the company is planning to construct a third regas terminal; on the other hand Taipower is seeking to construct its own terminal. Taiwan is the only one that is not over-contracted in the JKT markets. It will continue to rely on sport and short-term markets to meet the uncontracted demand volume.