Story thread · 4 reports / 4 sources

Taiwan Halts $800 Million in Spot LNG Buys From Papua New Guinea

oilprice.com · 13dShare

Taiwan has suspended approximately 500,000 metric tons of liquefied natural gas purchases from Papua New Guinea every six months, removing roughly $800 million of spot-market demand after Port Moresby ordered the closure of Taipei’s representative office. The decision leaves Taiwan’s long-term LNG supply contract untouched. Taipei will continue importing 1.2 million metric tons of PNG LNG annually through 2030, preserving a supply agreement that accounts for roughly one-third of Papua New Guinea’s LNG exports. Papua New Guinea…

First report: Indonesia, Papua New Guinea plan ministerial talks to deepen ties — en.antaranews.com, 15d