Taiwan secures natural gas supply through September
Updated
Updated · Bloomberg · May 8
Taiwan secures natural gas supply through September
9 articles · Updated · Bloomberg · May 8
The economy ministry said state-run CPC Corp has begun planning winter purchases as the Strait of Hormuz closure disrupts global supply.
Officials said there have been no electricity or oil shortages since the war in Iran began at the end of February.
The update bolsters energy security for the chipmaking hub, which relies heavily on imported fuel and is seeking to avoid domestic supply interruptions.
Is Taiwan's 25-year US gas deal a costly trap ahead of a predicted global LNG price collapse?
With only 11 days of gas reserves, how fragile is the 'silicon shield' protecting the global tech supply chain?