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Keen to maximize China’s domestic oil and gas production and streamline imports, the government in Beijing’s is taking steps to bundle all onshore trunk pipelines owned by PetroChina, Sinopec Group…

News Nudges

Taiwan’s LNG imports not compromised by Chinese manoeuvres

Taiwan’s Government has claimed that its LNG imports were largely unaffected by the recent Chinese military exercises off its waters. The country’s Ministry of Economic Affairs (MOEA) said Taiwan has an LNG inventory for more than 10 days, as required by law. Seven LNG carriers were berthed and completed their offloading without disruption during the mainland Chinese exercises. Local media said that this statement appeared to address concerns about the country’s energy supplies that could have been impacted by Beijing’s blockade manoeuvres. The ministry also said that inbound and outbound shipping schedules were unaffected.