Taiwan's CPC turns to spot market, diversifies LNG supply amid Middle East conflict

Taiwan’s state-run CPC Corporation has emerged as Northeast Asia’s most active spot LNG buyer since the outbreak of the Middle East conflict, ramping up purchases to offset supply disruptions and diversify procurement away from its traditional suppliers. Taiwan is among the most exposed buyers in Northeast Asia to Qatari LNG, with nearly 40% of its long-term contracted supply sourced from Qatar,Taiwan’s state-run CPC Corporation has emerged as Northeast Asia’s most active spot LNG buyer since the outbreak of the Middle East conflict, ramping up purchases to offset supply disruptions and diversify procurement away from its traditional suppliers. Taiwan is among the most exposed buyers in Northeast Asia to Qatari LNG, with nearly 40% of its long-term contracted supply sourced from Qatar,Read More