Taiwan Receives LNG Spot Cargo From Nigeria at Yongan Terminal

CPC Corp., Taiwan’s state-run energy company and importer of liquefied natural gas, received a spot cargo from Nigeria at its Yongan terminal, according to ship tracking data.

The British Diamond, with a capacity of about 152,000 cubic meters, arrived yesterday at the port of Yongan in southern Taiwan, ship transmissions captured by IHS Fairplay on Bloomberg show. The tanker sailed from Nigeria LNG Ltd.’s Bonny Island terminal, where it loaded the supercooled gas and departed on May 16.

CPC has no long-term LNG purchase contracts with Nigeria LNG, according to data compiled by Bloomberg. The Taipei-based company has a 3 million metric-ton-a-year receiving facility at Taichung and a 7.4 million-ton terminal at Yongan.

Nigeria LNG, Africa’s largest exporter of the fuel, lifted a force majeure on supplies on June 12 after Royal Dutch Shell Plc resumed gas deliveries to its plant.

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