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Taiwan's Russian Imports Raise Energy Dependence Concerns

12/29/2025

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Summary

Story summary

Taiwan's Russian naphtha and coal imports raise energy-dependence concerns during the Ukraine conflict.
Despite commitments to reduce purchases, Taiwan remains a significant buyer of Russian naphtha for its semiconductor industry.
Formosa Petrochemical Corporation will not renew Russian naphtha contracts but will fulfill existing agreements.
In 2025, Taiwan's coal imports from Russia fell 67% under government pressure, though private buyers remain.

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Story summary

Taiwan's Russian naphtha and coal imports raise energy-dependence concerns during the Ukraine conflict.
Despite commitments to reduce purchases, Taiwan remains a significant buyer of Russian naphtha for its semiconductor industry.
Formosa Petrochemical Corporation will not renew Russian naphtha contracts but will fulfill existing agreements.
In 2025, Taiwan's coal imports from Russia fell 67% under government pressure, though private buyers remain.