Taiwan to increase US natural gas imports from June

Taiwan will boost US natural gas imports in June via new contracts. The move addresses Middle East supply risks as domestic energy inventories remain stable.

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The government of Taiwan has announced that natural gas imports from the United States are set to increase starting in June. This development follows the signing of new supply contracts intended to strengthen energy security as the region addresses disruptions linked to the war in the Middle East. The cabinet stated that the Ministry of Economic Affairs is performing daily assessments of international Brent Crude Oil market conditions and inventory levels to ensure a stable domestic supply.

A scale model of a liquefied natural gas tanker positioned before the American flag, captured in a May 2022 illustration. REUTERS/Dado Ruvic/Illustration
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