Economy Ministry Pledges Stable Oil, LNG Supply Amid Global Energy Crisis

TaiwanPlus News

The economy ministry has assured the public that fuel prices will not change next week, and that it has found alternative oil and LNG supplies outside of areas affected by the Middle East war. It says a stable supply of petroleum should also help ease the plastic shortage, and that natural gas shipments have been secured through June.

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00:00Taiwan's economy ministry says crude oil and natural gas imports are stable even though the

00:05war in the Middle East threatens global supply. It says CPC Corporation has sold alternative

00:11supplies from Australia and rerouted shipments through the Red Sea. The state-owned oil and

00:16gas company says it's absorbed over one billion U.S. dollars in price adjustments and will keep

00:22fuel prices unchanged next week. Officials say stable oil supply will also help ease the plastic

00:28shortage domestically. And they say natural gas shipments have been secured for April through June.

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