CPC Freezes Natural Gas Prices for Residential and Industrial Users in September
CPC Corporation Taiwan has announced its September natural gas pricing plan for domestic users. The company will keep prices unchanged for residential and industrial users, absorbing the costs itself to support the government's domestic price stabilization policy.
However, the natural gas prices for power sector users will increase by 5.83% in September to reflect rising gas source costs. This decision comes as international LNG import costs remain elevated due to persistently high Middle East supply uncertainty and Europe's early stockpiling ahead of winter demand.
CPC has been absorbing the costs of natural gas imports since February, with cumulative absorption exceeding NT$140 billion (approximately $4.4 billion) for industrial users alone.
The company will continue to monitor international oil and gas market developments while supporting the government's price stabilization policy through ongoing rolling reviews.