While spot-market demand worth $800 million has been pulled, the core of the energy relationship remains intact. Taipei will continue to honor its long-term contract, importing 1.2 million metric tons of LNG annually through 2030. This agreement is vital for Port Moresby, representing roughly one-third of the country's total LNG exports.
The suspension follows Papua New Guinea's adoption of a One China policy, a pivot praised by Chinese Foreign Minister Wang Yi. In response, the U.S. State Department expressed deep concern over the closure of the trade office, citing the loss of substantial economic and technological benefits. Taiwan, which relies on imports for 95% of its energy needs, uses natural gas to generate nearly half of its electricity. Officials confirmed that while development assistance is under review, Taiwanese personnel currently remain in Port Moresby without interference.





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