Central & SE Asia / Australasia
Country profile: Taiwan
| Location: | Eastern Asia, islands bordering the East China Sea, Philippine Sea, South China Sea, and Taiwan Strait, north of the Philippines, off the southeastern coast of China |
| Climate: | tropical; marine; rainy season during southwest monsoon (June to August); cloudiness is persistent and extensive all year |
| Terrain: | eastern two-thirds mostly rugged mountains; flat to gently rolling plains in west |
| Size: | 35980 sq. km total (Land area: 32260 sq. km Water area: 3720 sq.km) |
| Population: | 22,858,872 (July 2007 est.) |
| Languages: | Mandarin Chinese (official), Taiwanese (Min), Hakka dialects |
| Government: | multiparty democracy |
| Capital city: | Taipei |
| Legal system: | based on civil law system; has not accepted compulsory ICJ jurisdiction |
| Currency: | new Taiwan dollar (TWD) |
| Licensing: |
Country profile
Taiwan does not have substantial domestic energy resources and must import the vast majority of its needs. Taiwan has encouraged investment in domestic oil and natural gas projects in light of a need to obtain a secure supply, including partnerships with mainland Chinese companies and overseas ventures. However, these efforts are unlikely to yield sufficient energy resources to reverse the island’s energy import dependence.
Nearly half of total energy consumption in Taiwan is from oil (45 percent), followed by coal (36 percent), although Taiwan no longer has any domestic coal production. Since the introduction of LNG imports in the 1990s, natural gas has played an increasingly important role in the island’s energy mix, accounting for 9 percent of total energy consumption in 2005.
Energy production and consumption
| Oil | Gas | |
| Production: | 7,755 | 1 bcm |
| Consumption: | 965,000 | 11 bcm |
| Exports: | NaN | NaN |
| Imports: | NaN | 10 bcm |
| Reserves: | 3 mm | 76 bcm |
| Major fields: |
Taiwan - recent news
| 04 Sep 25 |
Taiwan: Cadeler opens new Taipei office, reinforcing commitment to Asia-Pacific Cadeler – a leading global partner in offshore wind transportation and installation – celebrates the relocation of its Taipei-based team to new, expanded offices in Xinyi, Taipei, underscoring the company’s focus on strengthening client collaboration and long-term growth in the Asia-Pacific region. |
| 02 Sep 25 |
Taiwan: Subsea7 awarded cable installation contract in Taiwan Subsea7 has announced the award to Seaway7, part of the Subsea7 Group, of a substantial contract by Synera Renewable Energy (SRE), for the transport and installation of inter-array cables for the Formosa 4 Wind Farm. |
| 22 Aug 25 |
Taiwan: Cadeler signs firm contract with Synera Renewable Energy for WTG Installation at the Formosa 4 Offshore Wind Farm in Taiwan Cadeler has signed a firm contract with Synera Renewable Energy (SRE) for the transportation and installation (T&I) of 35 Siemens Gamesa 14MW wind turbines at the Formosa 4 Offshore Wind Farm in Taiwan. The project will be executed by one of Cadeler’s next-generation M-class wind turbine installation vessels. |
| 14 Aug 25 |
Taiwan: DNV plays key Lenders' Technical Advisor role in Ørsted's Greater Changhua 2 offshore wind financing success DNV has successfully acted as Lenders’ Technical Advisor (LTA) for the project financing of Ørsted’s 632 MW Greater Changhua 2 offshore wind farm in Taiwan, which achieved financial close in July 2025. |
| 10 Aug 25 |
Taiwan: SRE inks Taiwan’s longest SOV contract with DFO Synera Renewable Energy Group has announced the awarding of a 15-year service contract to Dong Fang Offshore (DFO), for the provision of a service operations vessel (SOV) to support the operations and maintenance (O&M) of SRE’s fleet of assets starting with its Formosa 4 Offshore Wind Project. |
Taiwan - more news
Other countries in this region
- Australia,
- Bangladesh,
- Brunei,
- Cambodia,
- China,
- Fiji,
- Hong Kong,
- India,
- Indonesia,
- Japan,
- Laos,
- Malaysia,
- Maldives,
- Mongolia,
- Myanmar,
- Nepal,
- New Zealand,
- North Korea,
- Pakistan,
- Palau,
- Papua New Guinea,
- Philippines,
- Singapore,
- South Korea,
- Sri Lanka,
- Thailand,
- Timor Leste,
- Vietnam
