Taiwan LNG market report

Taiwan is a growing legacy LNG market, importing almost 24 mmtpa in 2025. LNG demand will rise to 26.3 Mt by 2028 and remain elevated through 2034. Post-2035, demand will gradually decline. What are the key drivers of long-term gas-to-power demand? Days before final nuclear reactor closure, the Legislative Yuan passed a bill allowing 20-year lifetime extensions. The government now holds an open stance on nuclear reoperation but has not enacted policy changes. What has driven the shift in the government's nuclear stance? The market had 35% exposure to Qatari and UAE LNG supply in 2025 and relies on LNG-fired generation for almost 50% of power output. With the Strait of Hormuz effectively closed, how will Taiwan ensure power supply security? Read more on our in-depth analysis of Taiwan's LNG market, including: LNG market outlook LNG Infrastructure LNG contracts and pricing Policy and market structure