Taiwan Aims to Triple US Share of LNG to Avoid Tariffs
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Taiwan is planning a surge in US purchases over the next decade that would triple the share of American liquefied natural gas in the island’s mix.
State-operated entities could buy goods worth $200 billion from the US over the next 10 years, Minister of Economic Affairs Kuo Jyh-Huei said Thursday, according to a report from Taipei-based Economic Daily News. The purchases would include boosting the share of US LNG in Taiwan’s total imports to 30% from current levels around 10%, he said.