Taiwan's economy minister says the country’s oil refiners are willing to comply with international sanctions on Russian crude oil products. This follows a report criticizing Taiwan for importing nearly US$2 billion worth of Russian naphtha.
00:00Taiwan's economy minister says the country's oil refiners are willing to comply with international sanctions on Russian crude oil products, including Nafta.
00:20Taiwan joined Western allies in putting harsh sanctions on Russia after its invasion of Ukraine in 2022,
00:26but it did not explicitly ban energy imports.
00:30Last week, a group of NGOs released a report criticizing Taiwan for importing nearly 2 billion U.S. dollars worth of Russian Nafta.
00:38The fossil fuel product is mainly used for plastic chemicals used in chipmaking.
00:42It's mostly imported by a former sub-petrochemical, Taiwan's largest private refiner.
00:47A spokesperson for the company declined to comment on the minister's remarks.
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