Deputy Foreign Minister Chen Ming-chi said that Taiwan is committed to diversifying the country’s energy supply while continuing to seek alternative energy sources to reduce dependence on specific regions.
Chen made the remarks during an interview with a journalist from the U.S.’ CBS News in Taipei City for a news broadcast March 22 on its website.
The deputy minister said that Taiwan’s energy is highly dependent on imports from the Middle East, noting that it is facing economic pressure from rising energy prices like all other countries. He added that the impact on Taiwan’s economy will become more significant as the Middle East conflict continues.
The current situation highlights the importance of diversified energy sources, Chen said, adding that Taiwan will increase its purchases of liquefied natural gas from the U.S. to enhance the stability and security of energy supply.
The administration has also established mechanisms to alleviate the impact of international energy price fluctuations on livelihoods and industries, Chen said. The authorities will continue to review various energy options to enhance the stability of the country’s overall energy system, he added. (YCH-E)
Write to Taiwan Today at ttonline@mofa.gov.tw
Chen made the remarks during an interview with a journalist from the U.S.’ CBS News in Taipei City for a news broadcast March 22 on its website.
The deputy minister said that Taiwan’s energy is highly dependent on imports from the Middle East, noting that it is facing economic pressure from rising energy prices like all other countries. He added that the impact on Taiwan’s economy will become more significant as the Middle East conflict continues.
The current situation highlights the importance of diversified energy sources, Chen said, adding that Taiwan will increase its purchases of liquefied natural gas from the U.S. to enhance the stability and security of energy supply.
The administration has also established mechanisms to alleviate the impact of international energy price fluctuations on livelihoods and industries, Chen said. The authorities will continue to review various energy options to enhance the stability of the country’s overall energy system, he added. (YCH-E)
Write to Taiwan Today at ttonline@mofa.gov.tw
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