Minister of Economic Affairs Kung Ming-hsin (龔明鑫) today said that Taiwan's natural gas supply would be sufficient through next month, as the nation has secured almost all the necessary shipments to replenish inventories.
Taiwan's supply for this month and next requires 22 liquefied natural gas (LNG) shipments, Kung told reporters.
Photo: Reuters
Currently, 20 have been secured, with the remaining two still under negotiation and expected to be confirmed soon, he added.
He also dismissed rumors that Taiwan could face a natural gas shortage, saying: "That is impossible."
Taiwan has a diversified natural gas supply, with about one-third coming from Qatar and the remaining 60 to 70 percent sourced from elsewhere, he said, adding that the overall supply structure is sound.
"We have already secured 20 LNG shipments in just a few days," Kung said without providing details where the shipments would come from, and urged the public not to worry.
Regarding residential gas use, some have expressed concern that there might not be enough gas for hot showers.
Kung said that household consumption accounts for less than 5 percent of total gas usage and said this would not be an issue.
Looking ahead to May, Kung said the government would continue monitoring global supply and demand, adding that the situation is expected to improve as global gas demand declines.
Asked about the cost of LNG supplies Taiwan may secure for next month amid disruptions linked to the Middle East conflict, Kung said prices could be higher if shipments are procured on the spot market, but would remain at contract levels if delivery schedules are adjusted in advance.
Rising energy prices and the impact of the conflict are challenges faced by countries around the world, not just by Taiwan, he added.
Kenting National Park service technician Yang Jien-fon (楊政峰) won a silver award in World Grand Prix Photography Awards Spring Season for his photograph of two male rat snakes intertwined in combat. Yang’s colleagues at Kenting National Park said he is a master of nature photography who has been held back by his job in civil service. The awards accept entries in all four seasons across six categories: architectural and urban photography, black-and-white and fine art photography, commercial and fashion photography, documentary and people photography, nature and experimental photography, and mobile photography. Awards are ranked according to scores and divided into platinum, gold and
SPACE VETERAN: Kjell N. Lindgren, who helps lead NASA’s human spaceflight missions, has been on two expeditions on the ISS and has spent 311 days in space Taiwan-born US astronaut Kjell N. Lindgren is to visit Taiwan to promote technological partnerships through one of the programs organized by the US for its 250th national anniversary. Lindgren would be in Taiwan from Tuesday to Saturday next week as part of the US Bureau of Educational and Cultural Affairs’ US Speaker Program, organized to celebrate the 250th anniversary of the signing of the Declaration of Independence, the American Institute in Taiwan (AIT) said in a statement yesterday. Lindgren plans to engage with key leaders across the nation “to advance cutting-edge technological partnerships and inspire the next generation of scientists and engineers,”
The Chinese Nationalist Party (KMT) caucus yesterday said it opposes the introduction of migrant workers from India until a mechanism is in place to prevent workers from absconding. Minister of Labor Hung Sun-han (洪申翰) on Thursday told the Legislative Yuan that the first group of migrant workers from India could be introduced as early as this year, as part of a government program. The caucus’ opposition to the policy is based on the assessment that “the risk is too high,” KMT caucus secretary-general Lin Pei-hsiang (林沛祥) said. Taiwan has a serious and long-standing problem of migrant workers absconding from their contracts, indicating that
TRADE-OFF: Beijing seeks to trade a bowl of tempura for a Chinese delicacy, an official said, while another said its promises were attempts to interfere in the polls The government must carefully consider the national security implications of building a bridge connecting Kinmen County and Xiamen, China, the Public Construction Commission (PCC) said yesterday. PCC Commissioner Derek Chen (陳金德), who is also a minister without portfolio, made the remarks in a meeting of the legislature’s Transportation Committee, after Democratic Progressive Party Legislator Hsu Fu-kuei (徐富癸) asked about China’s proposal of new infrastructure projects to further connect Kinmen and Lienchiang (Matsu) counties with Xiamen. China unveiled the bridge plan, along with nine other policies for Taiwan, on Sunday, the last day of Chinese Nationalist Party (KMT) Chairwoman Cheng Li-wun’s (鄭麗文) visit
RSS