LNG

Taiwan is set to wind down its liquefied natural gas imports from Russia as its supply contract with the Sakhalin II export facility in the Russian Far East is set to terminate at the end of March 2022, while other nations are ending their Russian LNG ties through sanctions over the Ukraine war.

Qatar Petroleum has signed a new supply agreement with Taiwan for 1.25 million tonnes per annum of LNG as the Taiwanese use more of the fuel and expand their infrastructure.