Taiwan becomes worldʼs largest importer of Russian naphtha, sending 1.7 bn in tax revenue to Putinʼs war chest
Taiwan becomes worldʼs largest importer of Russian naphtha, sending 1.7 bn in tax revenue to Putinʼs war chest
cross-posted from: https://lemmy.zip/post/49981977
"the Mailiao refinery owned by Formosa Petrochemical Corporation (FPCC) — a privately owned company — increased its reliance on Russian naphtha from 9% before the full-scale invasion to 90% in the first half of 2025, and has been responsible for importing 96% of Taiwan’s total imports. "