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CPC: 4 Oil Tankers Gradually Transporting Crude, First Expected to Arrive in Taiwan Early May, No Impact on Dispatch

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Amid transport disruptions in the Strait of Hormuz due to the Middle East situation, CPC has secured alternative shipping routes, with four oil tankers currently transporting crude. The first shipment is expected to arrive in Taiwan in early May, with no immediate impact on current supply.

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Frequently Asked Questions

Q: How does CNOOC ensure stable crude oil supply?
A: CNOOC ensures stable crude oil supply by securing an alternative transportation route via the Bab-el-Mandeb Strait as an alternative to the Strait of Hormuz, and operates crude oil tankers.
Q: What is the current energy reserve situation in Taiwan?
A: Taiwan's energy reserves exceed the statutory safety levels, with 90 days' worth of oil and over 11 days' worth of natural gas.
Q: When is the restart of nuclear power plants expected?
A: The restart of nuclear power plants by 2027 is an optimistic scenario and still requires approval from the Nuclear Safety Commission. The review period is undetermined.