Taiwan’s head of Economic Affairs, Kung Ming-hsin, revealed the information on the 22nd during a parliamentary hearing, according to statements cited by the Central News Agency.
Kung assured that Taiwan’s procurement and transportation of crude oil “remain normal,” with four oil tankers expected to arrive in April and between four and five in May.
He explained that both CPC Corporation and Formosa Petrochemical Corporation – the region’s leading private oil company – have adjusted their shipping routes: each now has only one tanker operating in the Persian Gulf, with the remaining crude being transported via the Red Sea and other export routes.
Read also: China praises African nations for refusing overflight to Taiwan’s leader
In this context, the proportion of crude oil purchased by CPC Corporation from the United States rose to about 60% of its total purchases, while Taiwan’s strategic oil reserves remain at around 140 days, Kung added.
About 70% of the crude oil imported by Taiwan in 2025 originated in the Middle East, with Saudi Arabia (28.9%), Kuwait (13.6%), and the United Arab Emirates (11.9%) as the main suppliers, according to official data.
