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Taiwan Set to Get Reloaded LNG Spot Cargo From Huelva in Spain

Dec. 27 (Bloomberg) -- CPC Corp., Taiwan’s sole importer of liquefied natural gas, is scheduled to receive a spot cargo loaded from storage at Spain’s Huelva terminal, ship-tracking data show.

The British Diamond, with a capacity of about 152,000 cubic meters, is sailing to the East Asian nation, according to transmissions captured by IHS Fairplay on Bloomberg. The data doesn’t show its final port of call. Taipei-based CPC has a receiving facility at Taichung with a capacity of 3 million metric tons a year and a 7.4 million-ton terminal at Yongan.

The tanker loaded 133,800 cubic meters of the supercooled gas from storage at Enagas SA’s Huelva terminal in southern Spain and departed Dec. 4, according to the data. Spain doesn’t produce LNG.

Asian LNG buyers typically purchase spot cargoes from December to March to meet peak heating and power demand during winter in the northern hemisphere. Taiwan was Asia’s fifth-largest buyer in 2012, with imports of 27.93 million tons, according to the industry-funded International Group of Liquefied Natural Gas Importers in Paris.

To contact the reporter on this story: Chou Hui Hong in Singapore at chong43@bloomberg.net

To contact the editor responsible for this story: Yee Kai Pin at kyee13@bloomberg.net

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