KAOHSIUNG, Aug. 28, 2025 /PRNewswire/ -- Taiwan's leading engineering, procurement, and construction (EPC) group CTCI announced today that it was awarded another major LNG terminal-related EPC contract to help the state-owned oil company CPC Corporation build regasification facility at Kaohsiung Intercontinental LNG Receiving Terminal (also known as the 7^th LNG receiving terminal) in southern Taiwan, after securing LNG storage tanks EPC contract for the same terminal late last year.

At NT$29.6bn in contract value, the regasification facility will convert liquefied natural gas (LNG) coming from four 180,000 kL cryogenic tanks into gaseous state natural gas for further distribution, at an output of 1,600 tons per hour. Slated to be completed by 2030, the regasification facility helps increase resilience in natural gas supply across the island and contributes to national energy stability, in a time when LNG and LNG-induced electricity are in hot demand due to economic growth, AI infrastructure power needs, and decarbonized/low-carbon power generation trend.

"We appreciate that CPC Corporation has further entrusted CTCI with the Kaohsiung Intercontinental LNG Receiving Terminal project," said Michael Yang, Chairman of CTCI Corporation. "The construction of LNG storage tanks at the terminal is currently at full speed. For the regasification facility, CTCI will leverage green and intelligent technologies to save energy, cut carbon emissions, and make construction more time-efficient. We look forward to working with CPC Corp. to achieve the national energy security goal."

The regasification facility comes with sustainable and innovative features. Seawater is used for heating the cryogenic LNG at -162°C into gaseous state. The cold energy released from the regasification process is recovered and repurposed for air conditioning inside the facility. CTCI also utilizes its proprietary, award-winning pipeline cleaning robot and pipeline flange bolt fastening module system to tackle the most complex and risky challenges during pipeline construction, thus enhancing construction efficiency, quality, and safety.

Globally, the demand for LNG is expected to increase 60% by 2040. In Taiwan, natural gas is set to become the major source for power generation as the nation attempts to lower carbon emissions from electricity. This has driven plans for building new LNG terminals.

CTCI is proud to have participated in the engineering and construction of all operating LNG receiving terminals in Taiwan, and is so far the only domestic EPC service provider with complete expertise and track record in LNG terminals, covering scopes of regasification facilities, storage tanks, jetties, trestles, and long-distance pipelines. Globally, CTCI has participated in eleven LNG terminal projects—including new construction and expansion—across China, India, Taiwan, and Thailand, contributing to 40 million tons in LNG supply capacity per year.

LNG terminals aside, CTCI plays a key role in ushering a net zero future by participating extensively in renewable energy facility construction (solar, biomass, wind power) and actively exploring new energy markets (energy storage, hydrogen energy, CCUS). With comprehensive preparedness, CTCI remains a reliable partner of choice for nations and companies that seek EPC services for stable, low-carbon, and sustainable energy infrastructures.

About CTCI  http://www.ctci.com

CTCI (TWSE: 9933, TPEx: 5209, TPEx: 6803) is a global engineering services provider that offers a comprehensive range of services, products, and solutions. Since its founding in 1979, CTCI has strived to deliver the world's most reliable engineering, procurement, construction, commissioning, operation & maintenance, and project management services. Headquartered in Taipei, Taiwan, CTCI serves the environmental, refinery, petrochemicals, power, transportation, industrial, advanced technology facilities, and LNG receiving terminals markets. The company has about 8,000 employees in around 50 operation bases spanning across more than 10 countries. CTCI aims to become a Guardian of Sustainable Earth by contributing to global sustainability through green engineering, and is committed to wielding its influence in the industry to create a low-carbon supply chain. It continues to engage its partners worldwide to deliver responsible business operations, jointly contributing to the planet's sustainable development. The company is a member of the Dow Jones Best-in-Class Emerging Markets Index.

View original content:https://www.prnewswire.com/news-releases/another-lng-terminal-tender-success-for-ctci-to-build-regasification-facility-at-kaohsiung-intercontinental-lng-receiving-terminal-302540815.html

SOURCE CTCI