Taiwan Oil and Gas Tenders

Taiwan's oil and gas market is characterized by a high reliance on imports, with crude oil and liquefied natural gas (LNG) accounting for a significant portion of the country's energy consumption. In 2021, Taiwan consumed approximately 737,000 barrels of oil per day (bpd) and 3.06 billion cubic feet of natural gas per day (cfpd).

The Taiwan government is a major purchaser of oil and gas products and services. In 2021, the government spent approximately NT$410 billion (USD13.1 billion) on oil and gas procurement.

The main oil and gas products and services procured by the Taiwan government include:
Crude oil
LNG
Refined petroleum products
Oil and gas exploration and production services
Oil and gas pipeline construction and maintenance services

The top authorities for Taiwan oil and gas procurement include:
Ministry of Economic Affairs (MOEA)
Taiwan Power Company (Taipower)
CPC Corporation, Taiwan
Taiwan Petroleum Company (TPC)

The top winners of Taiwan oil and gas procurement include:
CPC Corporation, Taiwan
Taiwan Petroleum Company (TPC)
ExxonMobil
Chevron
Shell

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