Gov't Says Taiwan’s Energy Supply Secured Through Year-End

TaiwanPlus News

Taiwan’s economy minister, Kung Ming-hsin, says the country's energy supplies are stable, with fuel secured for June and July and officials coordinating resources for the fourth quarter to prevent shortages. State-run CPC Corporation also says Taiwan will likely avoid shortages, with around five months of oil reserves and 12 days of LNG on hand.

Transcript

00:00The economy minister is reassuring the public that energy supplies are stable,

00:05saying the government is already preparing fuel and natural gas reserves through the end of the year.

00:10The economy minister was speaking alongside the head of state-run energy supplier CPC Corporation.

00:24They say Taiwan's energy supplies are stable, despite disruptions from the war in the Middle East,

00:30where oil exports are down about 40 percent.

00:34CPC says Taiwan should be able to get through the year without major shortages.

00:38Taiwan has about five months of oil reserves and 12 days of liquefied natural gas.

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