State-run Taiwan Power Co (Taipower, 台電) has denied media reports that a proposed new liquefied natural gas (LNG) terminal in Keelung would create traffic jams and pose safety risks to one of the country’s busiest ports.
Taipower’s plans to build the new LNG terminal, the country’s fourth, are designed to accommodate the conversion of the nearby 2,000-megawatt oil-fired Hsieh-ho Power Plant into a gas-fired plant.
The utility’s initial proposal to build the terminal off the coast of Keelung’s Waimushan (外木山) was put on hold after critics said that it would endanger a coral reef.
Taipower then issued a revised proposal to move the terminal’s location from the west to the east side of the power plant, closer to the mouth of the Port of Keelung.
The plan is undergoing a preliminary environmental impact assessment.
The Chinese-language United Daily News yesterday published a front-page report quoting anonymous Keelung Port officials as saying that the utility was moving ahead with the plan “at all costs,” disregarding its impact on port operations so that it can meet Taiwan’s energy needs.
LNG shipments would snarl ship traffic in the port and create a risk of gas leakage or explosions, which could force a stoppage of port operations and risk injuries, the newspaper quoted the officials as saying.
Taipower yesterday strongly denied the claims in a statement, saying that a similar LNG terminal inside the Port of Taichung has received more than 1,000 gas shipments without any adverse impact on ship traffic.
The utility said it had also conducted “simulations” showing the terminal would not affect ship traffic, and pledged that as long as the facility was effectively managed, it would not pose any danger to the port.
Taiwan has in the past few years relied on an increasing number of LNG imports as it attempts to meet the government’s goal to phase out nuclear power.
LNG last year accounted for 37.2 percent of Taiwan’s energy mix — compared with only 25.46 percent in 2011 — while coal accounted for 44.30 percent, nuclear 9.55 percent, oil 1.83 percent and pumped storage hydropower 1.09 percent.
The remainder came from a variety of renewable sources, Bureau of Energy data showed.
A plan to build the country’s third LNG terminal off the coast of Datan Borough (大潭) in Taoyuan’s Guanyin District (觀音) passed an environmental impact assessment in March.
The plan last year survived a national referendum to have the terminal relocated.
To many, Tatu City on the outskirts of Nairobi looks like a success. The first city entirely built by a private company to be operational in east Africa, with about 25,000 people living and working there, it accounts for about two-thirds of all foreign investment in Kenya. Its low-tax status has attracted more than 100 businesses including Heineken, coffee brand Dormans, and the biggest call-center and cold-chain transport firms in the region. However, to some local politicians, Tatu City has looked more like a target for extortion. A parade of governors have demanded land worth millions of dollars in exchange
Hong Kong authorities ramped up sales of the local dollar as the greenback’s slide threatened the foreign-exchange peg. The Hong Kong Monetary Authority (HKMA) sold a record HK$60.5 billion (US$7.8 billion) of the city’s currency, according to an alert sent on its Bloomberg page yesterday in Asia, after it tested the upper end of its trading band. That added to the HK$56.1 billion of sales versus the greenback since Friday. The rapid intervention signals efforts from the city’s authorities to limit the local currency’s moves within its HK$7.75 to HK$7.85 per US dollar trading band. Heavy sales of the local dollar by
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) revenue jumped 48 percent last month, underscoring how electronics firms scrambled to acquire essential components before global tariffs took effect. The main chipmaker for Apple Inc and Nvidia Corp reported monthly sales of NT$349.6 billion (US$11.6 billion). That compares with the average analysts’ estimate for a 38 percent rise in second-quarter revenue. US President Donald Trump’s trade war is prompting economists to retool GDP forecasts worldwide, casting doubt over the outlook for everything from iPhone demand to computing and datacenter construction. However, TSMC — a barometer for global tech spending given its central role in the
An Indonesian animated movie is smashing regional box office records and could be set for wider success as it prepares to open beyond the Southeast Asian archipelago’s silver screens. Jumbo — a film based on the adventures of main character, Don, a large orphaned Indonesian boy facing bullying at school — last month became the highest-grossing Southeast Asian animated film, raking in more than US$8 million. Released at the end of March to coincide with the Eid holidays after the Islamic fasting month of Ramadan, the movie has hit 8 million ticket sales, the third-highest in Indonesian cinema history, Film