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Home > News & Events > CPC’s LNG business enters a new era: a big new Q-FLEX carrier vessel makes her debut discharge at the Yung-An Terminal

CPC’s LNG business enters a new era: a big new Q-FLEX carrier vessel makes her debut discharge at the Yung-An Terminal

CPC’s LNG business enters a new era: a big new Q-FLEX carrier vessel makes her debut discharge at the Yung-An Terminal

 

30 November 2017

 

 

CPC’s Yong-An LNG Receiving Terminal was Taiwan's first such facility and was ranked 26th out of the world’s 120 installations of that kind counted as of end-2016. It formally began operating over 27 years ago, on 31st March 1990. Another milestone was passed on 10th November 2017 when the world's second-largest LNG tanker, a Q-FLEX type vessel named Al Aamriya, made her debut discharge at Yong-An. The event was witnessed by CPC’s Chairman Chein Tai together with Global Sales Director of Ras Gas Ali K. Al-Kaabi, the General Manager of the ship-owning company MOL and VIPs from the Yung-An district including the Mayor and Fisheries Director.

 

CPC has always been the driving force behind supplying Taiwan’s energy needs. In line with the current government's new energy policy that is centered on achieving a ‘non-nuclear homeland’ by 2025, the company is active in lifting the utilization rate of natural gas, ensuring a stable supply of it for the domestic market and playing a decisive role in developing Taiwan's natural gas storage and distribution infrastructure. As part of the latter initiative and in response to today’s trend towards large-scale vessels in the international LNG-carrying fleet, CPC embarked on a program of updating the wharves and other port facilities at Yong–An. This work included the recently-completed Yong-An Channel and dredging the harbor to meet the required 12-meter draft depth for large Q-FLEX type LNG carriers.

 

In anticipation of this event and to assist the first and subsequent Q-FLEX LNG carriers in a smooth and safe discharge, the first pair of CPC’s new, large, and powerful tugboats were delivered and began operating in July 2017. A second pair will be delivered in June of this year.

 

CPC Is Taiwan’s sole importer of LNG. While the company is planning to expand its capacity for handling imports by, among other things, projects for upgrading the infrastructure at its receiving terminals, one of its core cultural values – workplace safety - remains paramount. 

 

By way of example, early in 2017 CPC sent two of its senior ship’s pilots to the Siport21 Simulation Center in Madrid, Spain to improve their operating skills and knowledge of safety procedures. There they worked with several ship’s captains from the RasGas tanker fleet on exercises simulating an LNG vessel entering a harbor and maneuvering inside it.

 

This successful discharge by a Q-FLEX LNG carrier symbolizes for CPC the convergence of those international trends signaling the transition from conventional LNG carriers to the scaled-up Q-FLEX type. It also shows that the Yung-An Terminal can safely handle a discharging Q-FLEX vessel, which in turn could help CPC to implement LNG purchase contracts based on large-scale carrier loading and discharging capacity; and which incidentally also might allow more flexible scheduling of ship movements.  All of the above are positive for setting a new progress milestone for Taiwan's international gas trading market.