
China Offers Energy Security for Taiwan Reunification
About this episode
China offers energy security as a benefit of reunification, amid global energy crisis. Taiwan, currently relying on Qatar and US for LNG, remains undecided, insisting on self-determination. China, the worlds largest oil buyer, halts fuel exports to avoid domestic shortages.
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Global News Today | 2 Min News | The Daily News Now! — China Offers Energy Security for Taiwan Reunification. Machine-transcribed; use the interactive transcript above to jump the player to any line.
On this March 18th, here's what's shaping the world. China is pitching energy security to Taiwan as a big perk of reunification under Beijing's control. Officials say agreeing to peaceful unity would give the island's stable supplies back by the mainland. This offer comes amid a global rush for energy sources. The Middle East War has shut down key shipping lanes through the Strait of Hormuz, forcing nations to scramble for alternatives. Taiwan gets about one-third of its liquefied natural gas from Qatar and none from China. The island has lined up new supplies from the United States and others to cover the coming months. No word yet from Taiwan's government, which insists only its people decide the future and rejects Beijing's claims. China has pushed one country to systems for years, but no major parties there back it. Meanwhile, China, the world's biggest oil buyer, just halted fuel exports until late March to dodge home shortages. Exports last year hit $22 billion dollars.
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