Taiwan to Import more Saudi Oil

According to a spokesman of the state-owned Chinese Petroleum Corporation (CPC), Taiwan is to increase its direct crude oil imports from Saudi Arabia to 75,000 b/d later this year from the current 60,000 b/d. The spokesman said that the decision followed a request from a Saudi delegation which recently visited Taiwan. Taiwan currently imports an additional 60,000 b/d of Saudi crude via the major companies.