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

Taiwan will halt about 500,000 tonnes of spot LNG imports as it weighs further retaliation after PNG ordered its representative office closed.

Summary by Oil Price
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…

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Focus Taiwan broke the news in Taipei, Taiwan on Tuesday, July 28, 2026.
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