Taiwan crude oil and gas reserves above minimumBy Meryl Kao / Staff ReporterTaiwan has enough crude oil reserves for more than 100 days and sufficient natural gas reserves for more than 11 days, both above the regulatory safety requirement, Minister of Economic Affairs Kung Ming-hsin (龔明鑫) said yesterday, adding that the government would prioritize domestic price stability as conflicts in the Middle East continue. The ministry has been holding daily cross-ministry meetings at the Executive Yuan to ensure stable supplies of gas and crude oil, Kung added. Photo: CNATaiwan receives about 30 natural gas shipments each month, of which about 10 come from the Middle East, while the remaining 20 are from other regions, he said. As for natural gas prices, whether rates for households and power utilities would be adjusted next month is still under review, Kung said. To secure natural gas supply, the government is pursuing three approaches, Kung said.

Source: Taipei Times March 05, 2026 18:10 UTC