Taiwan suspends Papua New Guinea LNG purchases amid diplomatic dispute
Taiwan has suspended some liquefied natural gas purchases from Papua New Guinea in response to an escalating diplomatic dispute over its representative office in Port Moresby. The move affects spot-market imports and comes after Papua New Guinea said it would shut Taiwan's de-facto embassy. Taiwan has not said it will end its long-term gas contract with the Pacific nation.The dispute intensified after Papua New Guinea's foreign minister, Justin Tkatchenko, announced earlier this month that the office would be closed in recognition of the country's One China policy. Taiwan rejected the decision as unilateral and said its officials would remain at... [Continue Reading]
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