Taipei-State-run oil refiner CPC Corp. Taiwan on Sunday denied local media reports that it was thinking of withdrawing its 92 octane unleaded gasoline from the market on environmental considerations.
CPC Vice President Ann S.C. Bih (???) told CNA that 92 unleaded, the cheapest gasoline sold by CPC, accounts for 20 percent of its total fuel sales, and the withdrawal of that choice would hurt consumers.
Moreover, 80 percent of the local fuel market is dependent on CPC's supply, she said.
"No matter what the fuel products are, we cannot just stop selling them whenever we want," Bih said, in response to the media reports that CPC was studying the feasibility of withdrawing 92 octane unleaded gasoline from the market to help improve the air quality.
According to the reports, the CPC proposal was line with the government's green energy policy of banning the sale of gas-powered motorcycles by 2035 and fuel-powered cars by 2040.
However, Bih said CPC will develop long-term plans, such as gradually converting its gas stations countrywide into electric vehicle charging stations, to fall in line with the government policy.
"The transition will be made step by step," Bih said, adding that a timetable has not yet been developed.
In CPC's latest announcement of its fuel prices for the week, 92 octane unleaded was priced at NT$26.9 per liter, 95 unleaded at NT$28.4 per liter, and 98 unleaded at NT$30.4 per liter.
Source: Focus Taiwan News Channel