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CPC Corporation Taiwan

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Another success for the New Southbound Policy: CPC takes delivery of its first cargo of LNG from the Prelude natural gas field offshore Australia

12 Dec 2019

CPC is both an equity participant and a foundation customer in the now-operational Prelude FLNG Project - a ship-mounted liquefied natural gas plant positioned offshore Western Australia. The company’s first allocation of product arrived at its Yong-an LNG Receiving Terminal near Kaohsiung in mid-November. On November 14, a “Good Luck Arrival” ceremony was held in the CPC building to celebrate this auspicious event as well as CPC’s first-time and successful involvement in the production of LNG. That first shipment from Prelude is manifest proof of CPC’s long-term efforts in diversifying its natural gas sources and also crafting a multidimensional approach to the crucial task of providing Taiwan with a stable, reliable supply of that vital fuel.