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Hormuz Strait Peace Lets CPC Trim Taipower's Natural Gas Price

2026-07-02
TaiwanPlus News
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Taiwan's state-run CPC Corporation has lowered liquefied natural gas prices by 4.7% for national utility Taipower, which relies on gas-fired plants to generate electricity. The cut comes as tensions ease between the US and Iran, though prices remain above pre-conflict levels. Taipower has posted significant losses this year amid high fuel costs and the rate reduction offers some relief. Prices for private natural gas users in Taiwan will remain unchanged.

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