Allseas and Boskalis have secured a €1.2 billion contract through their 50:50 consortium with CPC Corporation Taiwan for the design and installation of a 36-inch offshore natural gas pipeline.
According to Allseas, the new YT2 pipeline will span approximately 232 kilometers, running parallel to the existing line. It will link the Yongan LNG terminal in southwest Taiwan with the Tongxiao transfer station in the northwest, aiming to boost gas supply capacity in northern Taiwan and support the country’s energy transition strategy.